Virgin Atlantic-2

[BadgerGrowler]

Virgin has delayed it's LHR - GRU route until the Summer of 2025.

[Sotonsean]

Originally Posted by BadgerGrowler

Virgin has delayed it's LHR - GRU route until the Summer of 2025.

LHR-GRU was supposed to commence at the start of the IATA summer 2024 season which is the 31 March 2024.

LHR-GRU was originally announced in 2019 with a start date for March 2020. This was more or less at the outset of the covid pandemic but obviously it never materialised.

VS have now once again delayed commencing LHR-GRU until the summer of 2025.

It does make me wonder if LHR-GRU will ever happen.

[nguba]

Profitability remains elusive for Virgin Atlantic with another annual loss. Net debt seems very high at £3 billion.

https://corporate.virginatlantic.com...l-results.html

Virgin Atlantic Ltd (Virgin Atlantic) has released its annual financial results for the year ending 31st December 2023. Results reflect progress made in a year of sustained customer demand, as the airline capitalised on continued desire for premium leisure air travel and holidays. Virgin Atlantic reported record total revenue of £3.1 billion, up £265 million versus 2022.Continued cost discipline, combined with enhanced fleet utilisation, contributed towards record Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of £352 million. Earnings Before Interest and Taxes (EBIT) of £80 million surpassed 2019 results, achieving a key milestone on the path to sustainable profitability. Losses before tax and exceptional items narrowed to (£139) million from (£206) million in the previous year and Virgin Atlantic is on course to return to profitability in 2024. Virgin Atlantic ended the year with a robust cash position of £406 million, up from £399 million in 2022.

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https://corporate.virginatlantic.com...eport_2023.pdf

[Maxfli]

Rumours of a big pay deal for Virgin Atlantic pilots (29%).
Well done BALPA

[Asturias56]

"Profitability remains elusive for Virgin Atlantic with another annual loss"

Virgin are masters at Byzantine corporate structures - even the Economist couldn't figure out how the losses and gains flowed through it. Partly it was helped by the constituent companies having a wide variety of year end dates........................

[AirbusVR]

Originally Posted by Maxfli

Rumours of a big pay deal for Virgin Atlantic pilots (29%).
Well done BALPA

Not entirely true by a loooong shot

[PAXboy]

What do VS call the most senior cabin manager? They have changed the title over the years and I cannot recall. Thanks.

[VickersVicount]

Originally Posted by PAXboy

What do VS call the most senior cabin manager? They have changed the title over the years and I cannot recall. Thanks.

Currently: ‘FSM Flight Service Manager’

[rog747]

Used to be the IFS > inflight supervisor yonks ago.