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Thread: Frontier on the block - RJET wants out
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Old Nov 9, 2011, 11:46 am
  #14  
3Cforme
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Originally Posted by adamj023
Frontiers problem is it needs to be part of a larger carrier like JetBlue or Virgin America for it to be more of a success as those carriers are profitable already...
Virgin America isn't profitable. 2010 FY operating loss. 1Q2011 operating loss. 2Q2011 operating loss announced <60 days ago. Virgin America hasn't demonstrated it knows how to run a profitable airline with ~40 aircraft, let alone 100.

Originally Posted by adamj023
Virgin probably has a lot of cash on hand actually, more than you or I think.
Directly from the 2Q11 results press release: •Cash: The airline ended the quarter with $26 million in unrestricted cash and $53 million in total liquidity
Last edited by 3Cforme; Nov 9, 2011 at 11:52 am
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