Litebulbs the pilots' negotiations will be about far more than simply money. It's unlikely they will be looking for anything significantly above RPI, but there are several lifestyle issues that will be addressed.
Litebulbs and Fruitbat. Virgin Atlantic made £6m profit in the last financial year, at a time when BA was making record profits, as were Qantas, Singapore, KLM/Air France and several other longhaul airlines. When Virgin Atlantic made 11% Return on Sales (RoS), the airline was first to shout it from the rooftops. There is absolutely no evidence that profit from this company is being squirrelled off to other Virgin enterprises other than the legitimate, if unfortunate, example of Virgin Nigeria. You may believe the accounts of this company are secret, and unavailable to the public or the regulators. You are quite wrong. However, you do have to pay to see the accounts - something I very much hope your Union has done.
If they have, they will be well aware that the losses at Virgin Nigeria have hurt this company's profitability very hard, and that that is the primary reason for VS's poor results. The secondary, and entirely legitamate and credible, reason is that the company has invested a great deal in expansion over the last few years, and that investment is yet to yield a positive return. I'm sure we all very much hope it will yield that return in the near future, but the economic signs for the industry generally are not good, so it may well take longer than was anticipated.
Once again, suggestions that there is money secreted away, or that VS is a lot more profitable than the results suggest (it would be without VK!), are fantasy and not borne out by any verifiable information. In other words, more rumour. You can't spend rumours.
Of course, if you have documented evidence of Virgin's secret profits, kindly share it with the rest of us - then we can all go after our share of it!