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Virgin America (VA) Stock Closes Up After April Traffic Rises 11.7%

NEW YORK (TheStreet) -- Virgin America (VA - Get Report) stock closed higher by 0.11% to $55.80 on Monday, after the airline carrier reported solid traffic growth for April.

Earlier today, Virgin America reported an 11.7% year-over-year increase in traffic, or revenue passenger miles, on a 13.5% rise in capacity, also known as available seat miles.

Load factor fell by 1.4 points to 84% last month, while the number of passengers grew 12.5% to about 661,000.

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