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Old 26th May 2009, 15:17
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Maybe next year will be even harder for VS if there fuel hedging fails.

I am surprised at this profit with Ricky B's love of four engined aircraft. Surely 4 engines bad 2 engines good in current times, I feel fuel prices will continue to trend upwards.
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Old 26th May 2009, 17:20
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good for them.... some good news .... even for a short time. better than the results for the company i work for. i hope the staff get some profit share..... enjoy !!
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Old 26th May 2009, 17:29
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So what was Virgin Nigeria's contribution to the profit? Why -if they are making money are VS laying off staff?
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Old 26th May 2009, 21:46
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FT.com / Companies / Airlines - UK rules help Virgin Atlantic profit
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Old 27th May 2009, 09:09
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Chew Choon Seng, Singapore Airlines’ chief executive, said that during the financial year to March 31, its 49 per cent stake in Virgin Atlantic had contributed S$400,000, a virtual break even.

If i owned a 49% share in the company who made $109M and i only got $400K i would be asking a few serious questions !
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Old 27th May 2009, 21:12
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Complete smoke and mirrors from Sir Dickie's airline. The analysts and press seem to have generally 'outed' them this time. The next year will be tough for everyone and especially for Virgin Atlantic.
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Old 28th May 2009, 14:51
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its good to see at lest one airline doing well in the ressesion
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Old 28th May 2009, 19:27
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adfly - Read the posts above, it's doing no better than anyone else.
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Old 29th May 2009, 09:36
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AdFly,

Have you checked your location?
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Old 30th May 2009, 17:04
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well they are doing better than their main rival-ba
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Old 1st Jun 2009, 09:24
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AdFly,

Do you really think that? must be great on your planet...
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Old 8th Jun 2009, 16:08
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Originally Posted by adfly
well they are doing better than their main rival-ba
Er, no.

If you had taken the advice to "read the posts above", you'd have seen exactly why "it's doing no better than anyone else".
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Old 22nd Jun 2009, 10:43
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Virgin orders 10 A330

Announcement to be made soon

UPDATE 1-Virgin Atlantic orders 10 Airbus A330 jets | Industries | Industrials, Materials & Utilities | Reuters
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Old 22nd Jun 2009, 10:59
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Interesting story Jenson. I expect this is after the recent announcement that the whiskery opportunist has said that sponsoring you next year will be a bridge too far for his budget and Brawn F1 will not now be renamed Virgin (yuk!) F1 in his honour.
I suppose as well, that these particular A330s will be fitted with four engines to protect his favoured specification for trans-oceanic flying!
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Old 22nd Jun 2009, 10:59
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bet they got a good deal
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Old 22nd Jun 2009, 11:03
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I suppose as well, that these particular A330s will be fitted with four engines to protect his favoured specification for trans-oceanic flying!
You mean like the 787s VS have already had on order for a couple of years? Do keep up, there's a good chap. The story is on Reuters and ATI and is correct.
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Old 22nd Jun 2009, 11:04
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does anyone think this is a precursor to a cancellation for the A380's they have on order?
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Old 22nd Jun 2009, 11:06
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After he tried chatting up me missus, the sponsorship deal didn't look too good. Virgin F1 naaah...

A330's not A340's.

Me thinks that there are problems with the boeing 787 order and a possibility of early retirement for the 744.

Still a very interesting deal though. Fleet commonality and an all Airbus fleet for the future makes sense and saves more money for the Branson.
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Old 22nd Jun 2009, 11:41
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Just so long as he remembers to paint out the "4 engines 4 longhaul" on the 340's.
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Old 22nd Jun 2009, 11:55
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Happy Birthday Virgin Atlantic & a Order for 10x Airbus A330-300

Happy 25th birthday .......!

Virgin Atlantic today announced a new order from Airbus for 10 x A330-300, 5 x arriving spring 2011 & 5 x arriving 2012.

Today is Virgin Atlantic's 25th birthday and the celebration, which is now ongoing in London goes trans-atlantic later this morning. While the 1984 inaugural VS1 flew from Gatwick to Newark, today's birthday flight will go from LHR to EWR.
New Virgin Atlantic destinations were also just announced: Beijing, Vancouver and Cancun were mentioned by Sir Richard at his LHR presser today. Furthermore, Branson noted that it is "likely inefficient big carriers will disappear, and in a sense they should. In a forest, when some big trees die new saplings can get going." The VA founder went on to lament that upstarts like his Virgin America can not get additional slots at JFK because of legacy carrier squatting at NYC's biggest airport.
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