Virgin America Will Need More Cash If Fuel Prices Keep Rising

Virgin America, which is slowing its growth plans and reducing aircraft deliveries for 2012 and 2013 because of higher fuel prices, likely will need another capital infusion eventually if fuel prices do not drop and fares do not continue to rise, CEO David Cush says. Cush, however, says he does not...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.