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Old Sep 4, 2016 | 2:02 pm
  #5  
grt2106
All eyes on you!
15 Years on Site
 
Join Date: Mar 2011
Location: LAX
Posts: 230
Sorry to burst the bubble of fans, but the informed crowd knows how big a fiscal flop Virgin America was.

Prior to the acquisition the stock hovered at half it's present value, and the airline lost money far more quarters than it didn't.

I'm sure there's a lot of redundancy in the merger, and thus a lot of Burlingame will be let go.

I'm not sure how smooth the transition will be, but we've hit a total race to the bottom in airlines- so I'm curious if they even care. We've lost 5 airlines now in the last 10 years to Mergers and Consolidation.
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