Virgin Atlantic swings into the red with a $124.5 million yearly operating loss

Virgin Atlantic Airways (London) reported a pre-tax operating loss of $124.5 million for its fiscal year.

Read the full report from Reuters: CLICK HERE

In other news, the company has moved forward the start of the new London (Heathrow)-Washington (Dulles) to October 28, 2012.

Copyright Photo: Michael B. Ing. Airbus A340-642 G-VSSH (msn 615) completes its final approach into Los Angeles International Airport.

Virgin Atlantic: 

1 thought on “Virgin Atlantic swings into the red with a $124.5 million yearly operating loss”

  1. mawestpac

    Are they with any of alliance member? If not, Virgin will be hurting securing passengers. We need closely monitor alliance movement.

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