Virgin Atlantic Anticipates Return To Profit In 2023

By Victoria Moores Apr 06, 2022
UK long-haul carrier Virgin Atlantic is expecting to significantly narrow its losses in 2022 and return to profitability in 2023, after posting a £594 million ($778.7 million) pre-tax loss for 2021.
Airlines & Lessors

Virgin Atlantic, Neste, ExxonMobil Sign SAF Deal

By Victoria Moores Feb 09, 2022
UK long-haul carrier Virgin Atlantic has agreed to take 2.5 million liters (660,000 gal.) of sustainable aviation fuel (SAF) from Neste, marking the airline’s first commercial SAF commitment.
Airlines & Lessors

Virgin Atlantic Adds Economy Seats In New A350 Configuration

By Alan Dron Sep 06, 2021
Virgin Atlantic is shrinking the business-class cabin inside some of its A350-1000s to make way for more economy seats in a new seating layout tailored for certain leisure routes, beginning with flights from London Heathrow to Orlando, Florida.
Interiors & Connectivity

Virgin Atlantic, Middle East Airlines Codeshare Targets Diaspora

By Alan Dron Jul 28, 2021
Virgin Atlantic has announced a unilateral codeshare agreement with Middle East Airlines (MEA) offering connections between the U.S. and Beirut via London Heathrow Airport
Airlines & Lessors

United Airlines Plans Supersonic Future With Boom Overture Orders

By Guy Norris Jun 03, 2021
The United deal, which also covers options for 35 additional aircraft, envisages introduction of the first civil supersonic services on trans-Atlantic and Pacific routes by 2029.
Airlines & Lessors

Virgin Atlantic CEO Sees Full Fleet Flying This Fall

By Helen Massy-Beresford Apr 21, 2021
Virgin Atlantic should be flying its full fleet again by October or November, according to its CEO, who predicted yields would start to stabilize from the start of 2022.
Airlines & Lessors

Virgin Atlantic Boosts Balance Sheet Again

By Alan Dron Mar 16, 2021
Virgin Atlantic has taken a further step to bolster its liquidity as it awaits the hoped-for return of passengers later this year. 
Airlines & Lessors

Virgin Atlantic Drops Planned Manchester-India Routes

By David Casey Dec 14, 2020
Virgin Atlantic has pulled the planned launch of two routes between the UK and India that had been scheduled to start during the coming weeks.
Airports & Routes

Virgin Atlantic Sets 747 Retirement Date, Resumes Manchester Flights

By Victoria Moores Dec 04, 2020
UK long-haul carrier Virgin Atlantic is expecting to perform its final Boeing 747 flight on Dec. 16 and has announced plans to resume operations from Manchester, England, on Dec. 5 after a nine-month break.
Airlines & Lessors

Delta, Virgin To Trial COVID-19 Testing For Transatlantic Flights

By Victoria Moores Nov 27, 2020
Joint-venture partners Delta Air Lines and Virgin Atlantic have separately announced COVID-19 testing trials on specific transatlantic routes.
Airlines & Lessors

Virgin Atlantic A ‘Willing Partner’ If Flybe Is Revived, CEO Says

By David Casey Nov 12, 2020
Virgin Atlantic would be willing to partner with Flybe should the UK regional airline’s planned resurrection come to fruition.
Airlines & Lessors

Virgin Atlantic To Cut More Jobs As Recovery Plan Gets Green Light

By Helen Massy-Beresford Sep 04, 2020
While Virgin Atlantic has completed the financial and legal steps required to begin its COVID-19 recovery, the airline is moving forward with plans to cut a further 1,150 jobs.
Airlines & Lessors

Virgin Atlantic Nears Final Approval Of Restructuring Plan

By Alan Dron Sep 02, 2020
Plans for the financial restructuring of long-haul specialist Virgin Atlantic were approved by the English High Court in London Sept. 2.
Airlines & Lessors

Virgin Atlantic Extending Network To Pakistan

By Alan Dron Aug 27, 2020
Virgin Atlantic plans to serve Pakistan for the first time as it seeks to boost passenger numbers in the wake of the COVID-19 pandemic.
Airports & Routes

Virgin Atlantic Creditors Back Restructuring Plan

By Victoria Moores Aug 25, 2020
Virgin Atlantic’s creditors have voted in favor of the UK long-haul carrier’s £1.2 billion ($1.6 billion) restructuring plan, ahead of two key court hearings to finalize the process on Sept. 2 and Sept. 3.
Airlines & Lessors

Virgin Atlantic Seeks Bankruptcy Protection In U.S. Court

By Karen Walker Aug 04, 2020
UK carrier Virgin Atlantic, which is 49% owned by Delta Air Lines, filed for bankruptcy protection in a New York court Aug. 4. The move comes just…
Airlines & Lessors

Virgin Atlantic Agrees To $1.5B Recapitalization Package

By Alan Dron Jul 14, 2020
Virgin Atlantic has unveiled a long-awaited restructuring deal that will pump much-needed money into the UK long-haul specialist.
Airlines & Lessors

Virgin Atlantic Making Progress On Recapitalization

By Alan Dron Jul 01, 2020
UK-based Virgin Atlantic said July 1 that it was continuing to work on “a comprehensive, solvent recapitalization of the airline” to ensure it could continue to provide “essential connectivity and competition” for consumers and businesses.
Airlines & Lessors

Virgin Atlantic Resuming Flights To 17 Additional Destinations

By Victoria Moores Jun 22, 2020
UK long-haul carrier Virgin Atlantic plans to relaunch services to 17 more destinations in August, building on five previously announced routes scheduled to return in late July.
Airlines & Lessors

Virgin Atlantic To End London Gatwick Operations

By David Casey May 05, 2020
Virgin Atlantic plans to exit its base at London Gatwick (LGW) as part of a series of measures being implemented to help the airline survive the coronavirus crisis.
Airlines & Lessors

Branson: No plans to sell Virgin Atlantic

By Victoria Moores Apr 27, 2020
Virgin Group founder Richard Branson has rejected media reports that he plans to sell UK long-haul carrier Virgin Atlantic, but the search for further investment continues.
Airlines & Lessors

Government Help Needed For Virgin Airlines To Survive, Branson Says

By Alan Dron Apr 20, 2020
Virgin Group chairman Richard Branson is saying Virgin Atlantic and Virgin Australia will need government support if they are to survive the COVID-19 crisis and keep competition alive in markets that would otherwise become effective monopolies.
Airlines & Lessors

Virgin Atlantic Temporarily Moves All London Flights To Heathrow

By Victoria Moores Mar 26, 2020
UK long-haul carrier Virgin Atlantic has temporarily suspended flights from London Gatwick, instead focusing its London operations on London Heathrow, and has flown its first ever all-cargo flight.
Airlines & Lessors

Virgin Atlantic Cuts Flights, Salaries To Counter COVID-19 Effects

By Alan Dron Mar 04, 2020
UK long-haul specialist Virgin Atlantic is seeking to defer staff salary increases and is cutting the pay of its senior executives as it braces for the increasing financial impact of the COVID-19 outbreak.
Airlines & Lessors

Air France-KLM, Delta, Virgin Atlantic Launch Transatlantic Joint Venture

By Victoria Moores Feb 03, 2020
SkyTeam members Air France-KLM and Delta Air Lines have announced that their transatlantic joint venture (JV) with UK long-haul carrier Virgin Atlantic will take effect from Feb. 13, bringing together a network of 110 non-stop routes.
Air Transport