Virgin America reported its financial results for the first quarter of 2010. The airline reported revenue increase of 46% versus the first quarter of 2009. Unit revenue increased by 21% year-over-year. The airline reported a $22 million operating loss on revenues of $147 million during the quarter. Virgin America narrowed its operating loss by $9 million year-over-year in the first quarter, improving its operating margin by 15.5 points.
Up to 26,000 jobs secured in Spain until 2060 with latest Eurofighter contracts
A recent study by Pricewaterhouse Coopers (PWC) shows clear indications that two Eurofighter programme contracts will secure up to 26,000 jobs in Spain. The study was funded by Airbus and took six months to complete. The report focuses on the economic impact of the ‘Halcon’ and ‘Quadriga’ contracts which are relevant to Spain. The report