Pay Raises, Fuel Hedges To Boost Virgin America’s 2015 Costs

Credit: Virgin America
Pay raises for most employees and above-market fuel hedges through the second quarter will push Virgin America’s 2015 costs above previous estimates, the carrier revealed. The wage increases, coming in April, will boost pilot pay by about 15% and raise pay for other affected employees by about 5%...
Sean Broderick

Senior Air Transport & Safety Editor Sean Broderick covers aviation safety, MRO, and the airline business from Aviation Week Network's Washington, D.C. office.

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