Potential Virgin America Credit Problem

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02-03-2009, 03:44 PM

#11

Fred Flintstone

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Joined APC: Jan 2007

Posts: 401

Quote:

Originally Posted by acl65pilot

Just wait and see what happens on the 3rd.

It snowed, the sun came up, the snow melted, the sun went down, it got cold. Was something else supposed to happen?

02-04-2009, 01:54 AM

#12

wxyz

Line Holder

Joined APC: Apr 2007

Posts: 68

He may have been referring to financial reporting.
Virgin America Reports Loss for Three Quarters of '08 | Aerospace/Defense | Financial Articles & Investing News | TheStreet.com

02-05-2009, 07:33 AM

#13

brianb

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Joined APC: Jan 2009

Position: Airbus 319/320 Captain

Posts: 880

Does anyone have any recent "gouge" on the Virgin America interview process? I have an interview next week and I am looking for some useful info.

02-05-2009, 06:18 PM

#14

30west

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Joined APC: May 2007

Posts: 165

Quote:

Originally Posted by wxyz

He may have been referring to financial reporting.
Virgin America Reports Loss for Three Quarters of '08 | Aerospace/Defense | Financial Articles & Investing News | TheStreet.com

These numbers would need a load factor above 100% to breakeven

02-06-2009, 07:09 AM

#15

unemployedagain

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Joined APC: Nov 2008

Position: Non flying, pays better than any front seat, home every night, not missing the crashpad/

Posts: 133

Quote:

Originally Posted by brianb

Does anyone have any recent "gouge" on the Virgin America interview process? I have an interview next week and I am looking for some useful info.

Who knows? the chick that was running the hiring quit a while back, who knows what they are looking for, hopefully you don't have any airbus

, checkairman

, or jet time, then you might get hired. good luck.

02-09-2009, 11:42 AM

#16

WS01

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Joined APC: Aug 2008

Position: UAL FO

Posts: 122

Brianb,
did you have an internal LOR ?

02-13-2009, 12:33 PM

#17

MCDUDU

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Joined APC: Apr 2008

Posts: 24

175 Million loss in 3 quarters!

Wow they started with 150 million. They burned through that plus 25 million more in 3 quarters!

Last edited by MCDUDU; 02-13-2009 at 01:22 PM.

02-23-2009, 07:41 AM

#18

B757200ER

AAmerican Way for AA Pay

Joined APC: Oct 2005

Position: B-737 Pilot

Posts: 1,617

Quote:

Originally Posted by MCDUDU

175 Million loss in 3 quarters!

Wow they started with 150 million. They burned through that plus 25 million more in 3 quarters!

They actually started with $225 million, and they're doing well enough to survive.

02-23-2009, 03:14 PM

#19

MCDUDU

On Reserve

Joined APC: Apr 2008

Posts: 24

Quote:

Originally Posted by B757200ER

They actually started with $225 million, and they're doing well enough to survive.

Huh? Not if Black Rock Capitol pulls funding...which is more likely everyday!
I should add especially if Alaska proves its case...which shouldn't be too hard!
Tick-tick-tick

02-25-2009, 08:15 PM

#20

aviators99

New Hire

Joined APC: Dec 2008

Posts: 9

Quote:

Originally Posted by MCDUDU

Huh? Not if Black Rock Capitol pulls funding...which is more likely everyday!
I should add especially if Alaska proves its case...which shouldn't be too hard!
Tick-tick-tick

Black Rock Capital can't pull funding unless Virgin finds a replacement (US) investor. It's in the shareholder agreement.

Alaska knows that now.