Virgin America · Burlingame, CA United States
Company Description
View Virgin America Locations On A US Map
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This link will open in a new window An affiliate of Sir Richard Branson's Virgin Group , startup Virgin America took flight just as high fuel prices and a recession caused tough times in the airline industry. With a fleet of about 25 Airbus A320 jets, the carrier began in 2007 with service from San Francisco to Los Angeles and New York and now serves about 10 destination. It competes as a low-fare carrier, but also has first-class service and extensive in-flight entertainment options. In March 2009 hedge funds Black Canyon Capital and Cyrus Capital Partners sold their combined 77% stake in Virgin America. The carrier hired investment bank Lazard Ltd. to find new investors. Virgin Group owns a minority stake. To read the full description, subscribe now.
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Key Virgin America Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $167.1 |
| 2008 Employees | 1,440 |
Virgin America Executives
12 executives listed for Virgin America's Burlingame, CA location.
| Title | Name & Bio | Contact |
| President and CEO | C. David Cush | Network |
| SVP and CFO | Holly Nelson | Network |
| VP and CIO | Ravi Simhambhatla | Network |
Competition
Competitive Landscape for Virgin America
Airlines depend highly on the health of the US economy, which affects air travel by business and consumer passengers. Because many costs are fixed, the profitability of individual companies is determined by efficient operations and on favorable fuel and labor costs. Small airlines can compete by servicing local or regional routes. To read the full description, subscribe now.Top Virgin America Competitors
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