Virgin America Q3 profits up 24%

Virgin America has reported a 24% increase in profits for the third quarter. Operating revenue rose 4.7%, totaling $405.5 million. The airline has benefitted from an increase in passenger traffic. CEO, David Crush, has stated that Virgin America is keen on going public, thanks to surges in overall net incomes, revenues, gross margins, average fares, improved passenger traffic, percentages of seats filled (load factor), and perhaps most importantly, passenger revenue per available seat mile.