Virgin America (VA) Oct. RPM Increases 13.6%, Capacity Up 10.8%
Get Alerts VA Hot Sheet
Join SI Premium – FREE
Virgin America Inc. (NASDAQ: VA) today reported its preliminary operational results for October 2016. The airline's traffic (measured in revenue passenger miles) increased 13.6 percent on capacity (measured in available seat miles) that was 10.8 percent higher from the same month in 2015.
Load factor was 84.4 percent, an increase of 2.1 points from October 2015. The number of onboard passengers increased 9.2 percent from the same month last year.
October | October Year to Date | |||||
2016 | 2015 | Change | 2016 | 2015 | Change | |
Revenue Passenger Miles (000) | 1,029,905 | 906,628 | 13.6% | 10,130,559 | 8,621,448 | 17.5% |
Available Seat Miles (000) | 1,220,486 | 1,101,399 | 10.8% | 12,040,918 | 10,434,732 | 15.4% |
Passenger Load Factor | 84.4% | 82.3% | 2.1pts | 84.1% | 82.6% | 1.5pts |
Onboard Passengers (000) | 685 | 628 | 9.2% | 6,713 | 5,804 | 15.7% |
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fisker (FSR) files form 10-K, sees more job cuts, reiterates going concern doubts
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- Philip Morris (PM) beats Q1 earnings, revenue estimates; issues upbeat guidance
Create E-mail Alert Related Categories
Corporate News, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!