May 27, 2017 7:18 PM ET

Airlines

Company Overview of Virgin America Inc.

Company Overview

Virgin America Inc. provides scheduled air travel services. The company has a fleet of 60 Airbus single-aisle aircraft consisting of 10 Airbus A319s and 50 Airbus A320s. As of December 31, 2015, it provided services to 23 airports in the United States and Mexico. The company was formerly known as Best Air Holdings, Inc., and changed its name to Virgin America Inc. in November 2005. Virgin America Inc. was incorporated in 2004 and is headquartered in Burlingame, California. Virgin America Inc. operates as a subsidiary of Alaska Air Group, Inc.

555 Airport Boulevard

Burlingame, CA 94010

United States

Founded in 2004

2,888 Employees

Phone:

650-762-7000

Key Executives for Virgin America Inc.

Chief Executive Officer
Age: 49
President and Chief Operating Officer
Age: 46
Chief Financial Officer
Age: 49
General Counsel and Senior Vice President
Age: 60
Compensation as of Fiscal Year 2016.

Virgin America Inc. Key Developments

Virgin America Inc. Reports Operating Results for the Month and Year to Date Ended April 2017

Virgin America Inc. reported consolidated operating results for the month and year to date ended April 2017. For the month, revenue passengers were 684,000 against 661,000 a year ago. Revenue passenger miles RPM ‘traffic’ was 1,039,000,000 against 994,000,000 a year ago. Available seat miles ASM ‘capacity’ was 1,191,000,000 against 1,182,000,000 a year ago. Passenger load factor was 87.2% against 84.1% a year ago. For the year to date, revenue passengers were 2,517,000 against 2,427,000 a year ago. Revenue passenger miles RPM ‘traffic’ was 3,776,000,000 against 3,609,000,000 a year ago. Available seat miles ASM ‘capacity’ was 4,652,000,000 against 4,447,000,000 a year ago. Passenger load factor was 81.2% against 81.2% a year ago.

Alaska Airlines and Virgin America Announce New Dallas Love Field Flying to Seattle, San Diego, San Jose, California and Portland, Oregon

Alaska Airlines and Virgin America are growing their footprint in the Lone Star State, expanding service to Dallas Love Field from four West Coast airports. With new routes between Love Field and Seattle; San Diego; Portland, Oregon; and San Jose, California, the combined airline will serve eight destinations from Love Field with 18 daily peak season departures, up 40%. The four new routes will be flown using three-class jets. The Embraer 175 jet, operated by SkyWest Airlines, will fly daily to Portland, San Diego, San Jose and Seattle. One of the two daily flights to Seattle will be operated by Virgin America using an A320 family aircraft. All guests flying the new routes will enjoy Free Chat, free movies, premium food and beverages, Wi-Fi and advance seat selection. In addition to the four new markets, Alaska Airlines and Virgin America are streamlining the airlines' route network at Love Field, redeploying aircraft to meet consumer demand in existing and new markets. The fleet changes will free up Virgin America planes used in Love Field, to fly new, previously announced long-haul San Francisco flights to Philadelphia, New Orleans, Nashville, Indianapolis, Raleigh-Durham and Kona, as well as new flights between Los Angeles and Philadelphia.

Virgin America Inc. Reports Operating Results for the Month and Year to Date Ended March 2017

Virgin America Inc. reported operating results for the month and year to date ended March 2017. For the month, revenue passengers were 668,000 against 659,000 a year ago. Revenue passenger miles RPM was ‘traffic’ was 1,000,000,000 against 977,000,000 a year ago. Available seat miles ASM ‘capacity’ was 1,200,000,000 against 1,166,000,000 a year ago. Passenger load factor was 83.3% against 83.8% a year ago. For the year to date, revenue passengers were 1,833,000 against 1,766,000 a year ago. Revenue passenger miles RPM was ‘traffic’ was 2,736,000,000 against 2,615,000,000 a year ago. Available seat miles ASM ‘capacity’ was 3,461,000,000 against 3,265,000,000 a year ago. Passenger load factor was 79.1% against 80.1% a year ago.

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