Green Banana
Request Direct Honolulu..
- Joined
- Dec 16, 2001
- Posts
- 566
Lets see...
Yeah I think we'll be done in a week.
- Just under $200 million in the bank
- Accelerated aircraft acquisition
- Hiring 20+ pilots a month indefinitely
- Building a Virgin America Training center to include sims
- Had a load factor last weekend of 94%. Avg loads have been high 80% and we haven't started advertising yet.
You really are drinking that red koolaid!
That money is not yours. It is venture capitalist's and can be pulled at any time they think they might not get a return on investment.
Acquiring aircraft and hiring means nothing. Many airlines that shut down were having classes on the same day and still had many deliveries in the future.
High load factor means nothing. Are you kidding? VA is charging $77. Of course your load factor is high. the problem is you are not ever close to covering your costs.
If everything is so Rosy Red, Why is your company pleading to the government to not release its numbers to the public. Let me quote them
"would cause Virgin America to suffer
substantial competitive harm because the local nature of traffic in its point-to-point markets and
the limited number of aircraft types operated"You are FAR from profitable and stable. I am not picking a fight. Just stating facts.
http://www.regulations.gov/fdmspublic/component/main?main=DocumentDetail&o=09000064803fae7d