Another £342m of pre-tax losses at Virgin
Virgin Atlantic reported its sixth straight year of losses in 2022. How did the £342m pre tax loss compare to rival BA? And how well is Virgin set up to achieve its goal of delivering sustainable profitability in the future?
Virgin versus British Airways - who did better in 2021?
Virgin Atlantic has published a pre-tax loss figure of £594m for 2021. How did its performance compare to that of arch-rival, British Airways?
The US reopens its borders to Europe
In a major boost to travellers, airlines and airports alike, the long-awaited reopening of the US border was finally announced today. Fully vaccinated travellers will be free to travel to the US from early November, in time for long separated families to be reunited for Thanksgiving.
Another set of Virgin Atlantic accounts
Only four months after the publication of their 2019 accounts, Virgin Atlantic have filed their 2020 figures. What do they show and how do they compare to those at arch-rival British Airways?
Virgin Atlantic finally publishes its 2019 accounts
At long last Virgin Atlantic have published their 2019 accounts. What do they show about the financial position of the airline going into the crisis, and what do they reveal about their plans to survive it?
Virgin Atlantic rescue deal, a drop in the ocean
Next Tuesday, Virgin Atlantic’s creditors will vote on a restructuring deal aimed at avoiding the company falling into bankruptcy. What is at stake in the vote and will the changes be enough to save the company?
Virgin’s £1.2 billion rescue deal, what has changed?
Virgin Atlantic has announced that it has secured a £1.2 bn rescue deal, up from the previously rumoured £900m package. Where has the new money come from, and is it really new money at all?
Virgin Atlantic rescue: do the sums add up?
What can we expect from the rumoured £900m Virgin Atlantic rescue deal?