US airline Virgin America reported a $38.1 million net profit for the 2016 second quarter, down 41.4% from a $65 million net profit in 2Q 2015. The San Francisco-based carrier reportedly incurred $4.4 million in legal and professional costs related to the merger agreement with Seattle-based Alaska Air Group during the second quarter. Virgin America’s 2Q operating revenue was $425.7 million, up 6.2% year-over-year (YOY); total operating expenses for the quarter were $356.6 ...

Subscribe to Access this Entire Article

"Virgin America posts $38 million 2Q net profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.