San Francisco – November 9, 2010 – Virgin America today reported a third quarter net profit of $7.5
million – the airline’s first quarterly net profit. As Virgin America continues to deliver significant growth,
the airline reported a record quarterly operating profit of $21 million (a 314 percent improvement yearover-year), resulting in a 10.4 percent operating margin for the quarter. The airline reported revenues
of $202 million for the quarter – a year-over-year revenue increase of 28 percent. The airline also
reported strong unit revenue performance (RASM) for the quarter, with a 17 percent improvement
year-over-year, a period in which the industry’s unit revenue grew by 10 percent. The airline’s stagelength adjusted guest unit revenue was up 23 percent.