This Week on BNET (June 15 – 19)

Virgin America Unit Revenues Fall More Than 20 Percent
Virgin America’s revenue for the first quarter fell dramatically.

Virgin America Makes Progress on Costs
Revenues don’t look great, but costs are definitely looking up.

American Ends Austin – San Jose Flights
American is killing its nerd bird flight. It’s a sad day.

April Premium Traffic Continues the Downward Spiral
IATA’s monthly premium traffic report had some glimmers of hope, but I wouldn’t get too excited yet. It’s still ugly.

Continental Reveals Domestic Load Factor Strength, International Weakness
Loads actually look decent on some Continental routes this summer, but this is probably not the great news you would hope it would be.

United’s Cash Position to Hold Steady During Second Quarter
United’s cash is expected to stay around $2.5 billion after the second quarter.

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