Virgin America A319. Photo: By Rob Finlayson. Virgin America enjoyed its first profitable reporting period in the 2010 third quarter but was unable to sustain the momentum in the fourth quarter, posting a $25.1 million net loss, widened from an $18.8 million net deficit in the 2009 December quarter and pushing the company to a $68.7 million full-year net loss. The 2010 deficit was narrowed from an $80.8 million net loss in 2009. The San Francisco-based carrier, which launched in ...

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