Archive for February, 2009

Cash Burning Party at Virgin America

Tuesday, February 3rd, 2009

Yesterday Virgin America disclosed that the airline burned through $175.4 million in cash in the first nine months of 2008.  For those keeping score at home that is $20 million per month.  They reported relatively decent load factors in the high 70/low 80 percents.  Of course, as is evident ...

E190 Transcon

Monday, February 2nd, 2009

According to a thread on airliners, JetBlue is flying an E190 transcontinental on its LGB-IAD route.  A commenter on the thread notes that this is a limited time deal for Saturday night departures in February.  Price one of these flights out and there is clearly weak demand ($99 fares.)  However, ...