Virgin America Posts Yearly Loss; Eyes Possible IPO – ValueWalk Premium
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Virgin America Posts Yearly Loss; Eyes Possible IPO

Discount airliner Virgin America said it's close to turning around its financial losses and could be ready for an initial public offering as early as next year.

Although a privately held company, Virgin America is announcing these financial results in advance of the DOT quarterly reports.

The airline reported its first-ever fourth quarter operating profit in the quarter ending in . . .

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