Virgin America A319. By Rob Finlayson Virgin America (VX) has reported a first-quarter operating loss of $49 million, a 65% worsening compared to the $29.5 million operating loss for the same period last year. The carrier cited fuel costs that were 47% higher, costs associated with capacity growth, and a transition to a new reservations system as reasons for the loss. Revenues grew 33% to$267 million from $201 million. The airline ended the quarter with $111 million in ...

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