Virgin America is paring its planned growth in 2012 because of rising oil prices, Chief Executive Officer David Cush said in an interview. Instead of taking deliveries of 12 additional Airbus A320s next year, “we’ll probably end up taking 4 or 5 aircraft,” he said.“ Oil prices make things difficult,” he said.
VIRGIN AMERICA CUTS GROWTH PLANS
Virgin America is paring its planned growth in 2012 because of rising oil prices, Chief Executive Officer David Cush said in an interview. Instead of taking deliveries of 12 additional Airbus A320s next year, “we’ll probably end up taking 4 or 5 aircraft,” he said.“ Oil prices make things difficult,” he said.