Tuesday, 26 May 2009

Profits soar at Virgin Atlantic

Link to the article: Channel 4 News

By Carl Dinnen

Making profits in a recession is no mean feat, but that's exactly what Virgin Atlantic has achieved. Carl Dinnen speaks to Virgin Atlantic CEO Steve Ridgway.

The airline has announced profits of more than £68m for the year to February.

That is almost double the previous year.

It is a massive contrast to British Airways, which last week announced annual pre-tax losses of more than £400m.