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WSJ Report: VX Profitable In Q3  
User currently offlineAviators99 From United States of America, joined May 2008, 451 posts, RR: 0
Posted (4 years 6 months 3 weeks 4 days 5 hours ago) and read 2784 times:

http://online.wsj.com/article/BT-CO-20090925-707864.html

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This article has known inaccuracies in it (quoting the fleet at 38 planes, for example), but here are some other statements:

Quote:

Virgin America Inc. is looking to add up to 10 more aircraft next year in a sign that the loss-making carrier's business model may be gaining traction.



Quote:

The airline has run up substantial losses since launching a low-cost, high service model from its San Francisco base in 2007, but it turned profitable during the summer and is targeting a full-year operating surplus in 2010.



Quote:

However, spokeswoman Abby Lunardini confirmed industry speculation that it was back in the market to boost capacity, despite widespread uncertainty about the strength of any recovery in demand and pricing power. "We're out in the market actively pursuing new aircraft for next year - perhaps as many as 10 additional aircraft," she said.



11 replies: All unread, jump to last
 
User currently offlineForce13 From United States of America, joined Jun 2005, 229 posts, RR: 0
Reply 1, posted (4 years 6 months 3 weeks 4 days 5 hours ago) and read 2755 times:

That's good to hear especially in the ever competitive US market.

Hope to try them out one day.



Do not taunt. Do not shake. Do not pander. Add coffee. Subject should be slightly human within an hour.
User currently offlineCadet57 From United States of America, joined Jul 2005, 9085 posts, RR: 31
Reply 2, posted (4 years 6 months 3 weeks 4 days 4 hours ago) and read 2594 times:

I guess my $129 JFK-LAX fare is helping  Wink


Doors open, right hand side, next stop is Springfield.
User currently offlineSlinky09 From United Kingdom, joined Jun 2009, 791 posts, RR: 0
Reply 3, posted (4 years 6 months 3 weeks 4 days 3 hours ago) and read 2477 times:



Quoting Cadet57 (Reply 2):
I guess my $129 JFK-LAX fare is helping

As is my two thousand dollar first fare  Sad


User currently offlineToltommy From United States of America, joined Dec 2003, 3276 posts, RR: 4
Reply 4, posted (4 years 6 months 3 weeks 3 days 2 hours ago) and read 2116 times:



Quoting Slinky09 (Reply 3):
As is my two thousand dollar first fare

Full fare coach wasn't available?


User currently offlineEaa3 From United States of America, joined Sep 2007, 980 posts, RR: 0
Reply 5, posted (4 years 6 months 3 weeks 3 days 2 hours ago) and read 2091 times:

I'm quite sure that my $99 dollars JFK-SFO didn't actually help all that much. I did however watch a movie on board so there's another $7.

User currently offlineFWAERJ From United States of America, joined Jun 2006, 3637 posts, RR: 2
Reply 6, posted (4 years 6 months 3 weeks 3 days 1 hour ago) and read 2035 times:

With plans for 10 new planes, is VX the mystery acquirer of the ex-DL ORD gates after all? They wanted to be in Chicago "in a big way", after all...

[Edited 2009-09-26 13:33:04]


I don't work for FWA, their tenants, or their ad agency. But I still love FWA.
User currently offlineMAH4546 From Sweden, joined Jan 2001, 32176 posts, RR: 72
Reply 7, posted (4 years 6 months 3 weeks 3 days ago) and read 1981 times:



Quoting FWAERJ (Reply 6):
With plans for 10 new planes, is VX the mystery acquirer of the ex-DL ORD gates after all? They wanted to be in Chicago "in a big way", after all...

AA has is acquiring those gates. Hence the nearly 60 daily departures being added this summer.



a.
User currently offlineFWAERJ From United States of America, joined Jun 2006, 3637 posts, RR: 2
Reply 8, posted (4 years 6 months 3 weeks 2 days 22 hours ago) and read 1874 times:



Quoting MAH4546 (Reply 7):
AA has is acquiring those gates. Hence the nearly 60 daily departures being added this summer.

Will there also be a third Admirals Club where the CRC/SkyClub is now, as rumored?



I don't work for FWA, their tenants, or their ad agency. But I still love FWA.
User currently offlineKleiner From United States of America, joined Dec 2008, 138 posts, RR: 0
Reply 9, posted (4 years 6 months 3 weeks 1 day 17 hours ago) and read 1510 times:

Wow. I thought I'd hear more from the VX skeptics on this post.

User currently offlineScouseflyer From United Kingdom, joined Apr 2006, 3364 posts, RR: 9
Reply 10, posted (4 years 6 months 3 weeks 1 day 14 hours ago) and read 1393 times:



Quoting Aviators99 (Thread starter):
However, spokeswoman Abby Lunardini confirmed industry speculation that it was back in the market to boost capacity, despite widespread uncertainty about the strength of any recovery in demand and pricing power. "We're out in the market actively pursuing new aircraft for next year - perhaps as many as 10 additional aircraft," she said.

Looking at the latest Airbus spreadsheet, they have 4 A320s yet to be delviered so i wonder if they're looking at 6 additional birds (to make 10) or 10 more and I wonder if they're talking about leasing or buying as there's a few complete A320s waiting for a buyer at TLS (the Air Comet ones and I wonder if IB would let them purchase their undelivered ones?)


User currently offlineHatbutton From United States of America, joined Mar 2005, 1477 posts, RR: 14
Reply 11, posted (4 years 6 months 3 weeks 1 day 4 hours ago) and read 1216 times:
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Quoting Kleiner (Reply 9):
Wow. I thought I'd hear more from the VX skeptics on this post.

It would be good news for VX if true and I am eager to see the numbers. However, it is hard to make any judgment off of only a statement from an article.

The WSJ has had articles in the past making statements about VX's ownership which has led to airlines like AS questioning their actual ownership. Most people on this board, and VX included, want to throw that petition out because it is based only on media reports.

So I would hold the same judgment here until we see actual numbers. I would think that the article would have made a bigger deal about that profitable summer considering it would be their first profitable quarter in existence right? But the article is reporting fleet expansion, so I guess they are more focused on that. Just an observation.


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