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Virgin America - Culture, Family, Travel, Consumer Reviews - Posted: 27th Feb, 2009 - 12:25pm
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Airline Reviewed
Post Date: 27th Feb, 2009 - 12:25pm / Post ID: #
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Virgin America
Virgin America
Virgin America hangs as its hedge fund owners get antsy
Virgin America lost $227 million in its first 12 months of operation, far more than expected, thanks largely to last year's historic run-up in fuel prices. And now, the U.S. hedge funds that own 75% of the airline could be reaching for the rip cord on British billionaire Richard Branson's foray into the U.S. Domestic market. Ref. Source 9
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TOPIC: Virgin America