Originally Posted by
deltabound
Well, I don't wish unemployment on any pilot (been there, done that, got the unemployment check).
That said, the saga continues. Looks like they're going to have to do the "full Monty", as it were. WSJ had this today:
Virgin America Must File Data - WSJ.com
Virgin America Must File Data
Virgin America Inc. will have to disclose financial and traffic data beginning next week after losing a battle to keep it confidential.
The airline has sought to keep its data under wraps, claiming it would suffer "competitive harm" if forced to open its books.
Rivals have pressured regulators to make Virgin America disclose a range of performance and financial statistics.
The U.S. Department of Transportation denied its request in a letter dated Jan. 28, a copy of which was obtained by Dow Jones Newswires.
The airline will have to provide data going back to its launch, in 2007. Virgin America and its legal representative weren't immediately available for comment.
Good. They should have to do it like everybody else. My guess is they're hurting, and they don't want the investing public to know it.