Virgin America is moving forward with an initial public offering of shares despite poor financial performance when the airline industry overall is doing well. Ultimately, Virgin America hasn’t succeeded because it doesn’t work to be a high cost, low fare carrier. And because they have neither the frequencies nor the reach to appeal to high […]
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from View from the Wing http://viewfromthewing.boardingarea.com/2014/11/03/frequent-flyer-elite-status-virgin-america-ipo/