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#NEW YORK (AP) — Passengers cherish #Virgin #America for its mood lighting, live TV, fancy cocktails and friendly flight attendants. To increase revenue — and satisfy shareholders — the airline might eventually be forced to take actions, such as raising fees, which risk alienating passengers. Once a customer favorite, it’s now — amid lagging profits — facing relentless market pressure to add bag fees and cram more passengers onto planes. The company declined to comment for this story, but in 2011 CEO David Cush told The Associated Press that his airline hopes to „make a few hours out of people’s day a little bit nicer, more pleasant.” […] there’s no chance at a free upgrade to first class. […] its initial investors, including Sir Richard Branson’s Virgin Group and New York hedge fund Cyrus Capital, have waited a decade to get their cash back. Analysts are pressing Southwest and JetBlue to make changes favoring investors over customers, such as charging for a first checked.
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#Yahoo Investing $20 Million In #Snapchat, Acquires Message Me #Mobile …TruTowerNot to be left out of the exploding messaging phenomenon, Yahoo has apparently decided to invest millions of dolloars in Snapchat. According to the WSJ, the company may invest about $20m in Snapchat s next funding round after cashing in from its stake in
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