Handwriting on wall for Virgin America?
01-30-2009, 05:54 PM
#11
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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 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.
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
- JANUARY 30, 2009
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.
01-30-2009, 06:54 PM
#12
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Position: B757/767
Posts: 13,088
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 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.
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
- JANUARY 30, 2009
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.
01-30-2009, 07:09 PM
#13
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Posts: 4,099
Originally Posted by johnso29
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.
Or their credit card processor. Several airlines have been forced into bankruptcy just because of holdbacks. I believe Frontier was the last.
01-31-2009, 04:17 AM
#15
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Position: Left, left, left right left....
Posts: 911
Originally Posted by johnso29
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.
01-31-2009, 06:50 AM
#18
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Joined APC: Aug 2006
Position: Captain, CRJ-200, ASA
Posts: 876
Originally Posted by capncrunch
Every time a crap airline goes out of business an angel gets its wings.
ASA pulled out of SLC and LAX, and having bought a pretty little house in SLC, he was faced with a hellaceous commute. He ended up going to JBlu hoping for an LA base. No dice. He left there after about a year and went to VA, short easy commute to SFO. Oh, BTW, he's a member of this forum. Maybe he'll chime in.
You should think twice before lumping everyone who works at a particular carrier as scum or scabs and also when wishing fellow pilots out of work.
01-31-2009, 07:11 AM
#19
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Joined APC: Oct 2005
Position: Left, left, left right left....
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Originally Posted by John Pennekamp
I have a friend that went to VA. He was an ALPA rep at ASA. Good family man and hardcore trade unionist.
ASA pulled out of SLC and LAX, and having bought a pretty little house in SLC, he was faced with a hellaceous commute. He ended up going to JBlu hoping for an LA base. No dice. He left there after about a year and went to VA, short easy commute to SFO. Oh, BTW, he's a member of this forum. Maybe he'll chime in.
You should think twice before lumping everyone who works at a particular carrier as scum or scabs and also when wishing fellow pilots out of work.
ASA pulled out of SLC and LAX, and having bought a pretty little house in SLC, he was faced with a hellaceous commute. He ended up going to JBlu hoping for an LA base. No dice. He left there after about a year and went to VA, short easy commute to SFO. Oh, BTW, he's a member of this forum. Maybe he'll chime in.
You should think twice before lumping everyone who works at a particular carrier as scum or scabs and also when wishing fellow pilots out of work.
Sooner or later a far larger number of good people with similar stories are effected by the wages, work rules, etc of such companies on the rest of the industry.
01-31-2009, 07:23 AM
#20
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Joined APC: Apr 2007
Position: A319, A320, A321
Posts: 544
Originally Posted by dn_wisconsin
Good friend of mine works for Virgin. She flew the SFO-LAX round trip last night......not a soul on board both ways.
I have a bunch of friends that left U3K to go to Virgin, it seems like a great place to work. For those of you wondering, I give U3K about 2 years...
I should have gone to law school...
RK
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