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Virgin Atlantic Boasts Record Profits

Posted September 4, 2008 by BookingBuddy

Airvirginatlantic2 Amidst increasing tales of doom and gloom, it’s nice to have something positive to talk about once in a while.

Unlike most airline executives, who these days complain about falling passenger numbers (and revenue), Virgin Atlantic's Richard Branson is able to boast of the exact opposite—a record increase in profits over the last year. While they might be trying to get rid of extraneous weight onboard, they are certainly no Skinny Minnies when it comes to raking it in.

The company announced last week that premium passenger numbers rose by 22 percent during the last year, while pre-tax profits rose 38 percent. This is especially good news if you happen to be lucky enough to be employed by Virgin. Why? Well, the company is about to give all the employees a bonus payout said to be equivalent to about one and a half week’s salary.

It looks like the good news is set to increase over the coming months, as Virgin have announced the launch of several new routes, and are focusing on providing better service in Upper Class, Premium Economy and Economy.

All in all, good news for Virgin Atlantic and their staff, but will all these profits be moved on to their passengers? Well, I’m not asking to be given free money just for buying a seat with them (though it would be nice), I’m thinking more realistically. For example, how about more generous portions of cheese during meal times? Surely another square of cheese can’t eat too much into those extra 38 percent of profits? With Virgin Atlantic find: Cheap flights to Boston, cheap flights to New York and of course cheap flights to London

(Photo: Virgin Atlantic)

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For a trip to the lighter side of travel, where your in-flight meals are always free, there’s plenty of legroom, and your frequent flyer miles are actually worth something, come aboard the BookingBuddy Blog. Wait a minute—we can’t promise any of that—we’re just a blog! So all you’ll actually get are a bunch of words and pictures, and maybe some videos. But they’ll be funny, we swear.

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