Virgin America posted a first-quarter 2016 net profit of $17.5 million, up 36.5% from a net profit of $12.8 million in 1Q 2015. The San Francisco-based carrier’s results were “driven by continued unit revenue outperformance as compared with the domestic industry and the benefit of lower fuel costs,” Virgin America president and CEO David Cush said. It is the airline’s eighth consecutive quarter of profitability. Proposed Alaska Air Group merger Virgin ...

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