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VS en route to CPT tonight.... first flight of the Noerthern Winter schedules.
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Virgin has delayed it's LHR - GRU route until the Summer of 2025.
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Originally Posted by BadgerGrowler
(Post 11540532)
Virgin has delayed it's LHR - GRU route until the Summer of 2025.
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. |
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. https://corporate.virginatlantic.com...eport_2023.pdf |
Rumours of a big pay deal for Virgin Atlantic pilots (29%).
Well done BALPA :D |
"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........................ |
Originally Posted by Maxfli
(Post 11638938)
Rumours of a big pay deal for Virgin Atlantic pilots (29%).
Well done BALPA :D |
What do VS call the most senior cabin manager? They have changed the title over the years and I cannot recall. Thanks.
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Originally Posted by PAXboy
(Post 11642342)
What do VS call the most senior cabin manager? They have changed the title over the years and I cannot recall. Thanks.
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Used to be the IFS > inflight supervisor yonks ago.
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