Virgin America reports losses

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By admin June 23, 2014 15:05

Virgin America reports losses

Virgin America has reported a Q1 net loss of $22.4 million and a 4% rise in revenue to $313.4 million. The airline recorded a net loss of $46.4 million in Q1 2013.

The loss follows the airline’s first full year of profitability in 2013.

President and CEO David Cush stated that the Q1 results marked the sixth consecutive quarter in which Virgin America has improved its results year-on-year.

admin
By admin June 23, 2014 15:05
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