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The Burlingame-based carrier said it lost $40.3w million on $100.8 million in revenue during the quarter, comparedd with a loss of $52 million on $52.8 million in revenue in the previousfirst quarter. Some 73.1 percentt of Virgin America’s available seats were filled in thefirsg quarter, compared with a load factor of 61 percent a year earlier, the airline said. The airline said it addef almost 70 percent to its capacituy between the first quarters of 2008and 2009.
"We'rew pleased with our steady progressto date, especially givehn the challenging economic environment and fuel price volatility since our August 2007 launch,” said CEO Davi Cush in a statement announcing the "Our first quarter financial results exceeded our projectionse and we foresee continued strony revenue growth through the spring and summer.” The airlind serves both and .
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