Virgin Atlantic back in profit for first time since Covid

Virgin plans June listing as it restructures into a public company

The Bain Capital-controlled airline’s executives have begun weeks of meeting with prospective investors in a roadshow that is billed as a business update.

Virgin Atlantic back in profit for first time since Covid

Virgin Atlantic, the British airline majority owned by Richard Branson, said it returned to profitability for the first time since the pandemic last year.

Virgin Atlantic and Joby plan to launch UK air taxi service - Charged EVs

Virgin Atlantic and Joby Aviation, a maker of electric vertical takeoff and landing (eVTOL) aircraft, have signed an agreement to create an eVTOL service that the two said will pave the way towards launching an air taxi service across the UK. An air taxi is an off-highway transportation service that bypasses the traffic and delays of major airports when going between Point A and Point B. The partnership builds on an existing agreement between Jo…

Virgin Atlantic returns to profitability

The airline company reported a profit before tax and exceptional items of £20 million last year.Virgin Atlantic has returned to profitability for the first ...

Virgin Atlantic posted in its annual financial results for the year ended 31 December 2024 record revenues and a profit before taxes and exceptional items of £20 million (almost €24 million), returning to profitability for the first time since the pandemic. However, airline ticket requests this year, including those on transatlantic flights, a profitable segment, could decline.