1 JUNE 2009

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Article from BTNews 1 JUNE 2009

Virgin Atlantic with an impressive set of figures

VIRGIN ATLANTIC has come up with an impressive set of figures for the year ended 28 February 2009.  Profits nearly doubled to UKP68.4m and passenger numbers rose to 5.77m, a 13% increase.  Last year Virgin consolidated with no new aircraft and the carrier continued with its policy of keeping away from the various airline alliances.  Ten per cent of the profits go into a staff scheme.  In a strongly worded statement Virgin once again emphasized that the plans by BA and AA, in the words of Sir Richard Branson “to effectively merge” were not in the interests of consumers.  Both airlines overlap on some of the most popular airline routes in the world – to and from Heathrow – and their proposals would mean less competition on key Heathrow destinations including Boston, Chicago, Dallas Fort Worth, Los Angeles, Miami and New York JFK. www.flyvirgin.com

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