All Virgin Atlantic Airways articles – Page 5
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NewsVirgin Atlantic envisions eVTOL network to cut transfer time to UK hubs
UK carrier Virgin Atlantic aims to explore development of a short-haul electric vertical take-off and landing (eVTOL) network initially focused on London Heathrow, London Gatwick and Manchester. The airline’s plans for the network are part of its new partnership with UK-based Vertical Aerospace under which the carrier will have the ...
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NewsVirgin Atlantic urges for restriction-free US-UK travel as it reports large loss
Virgin Atlantic has reported large losses for 2020 and called on policymakers in the USA and UK to provide the certainty needed to resume flying at scale.
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NewsPremium travel market changed by pandemic: Virgin Atlantic chief
Virgin Atlantic chief executive Shai Weiss expects that although business and premium leisure travel will rebound after the pandemic, it will be “in a new format”.
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Airline BusinessEyes on UK for first signs of European air travel recovery
The real test is ahead; as the region moves towards the middle of the year and the crucial June-August holiday season, will markets begin to open up and genuine recovery momentum build?
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NewsAirline leaders optimistic on return of transatlantic market in summer
Several airline leaders have expressed optimism that the transatlantic market so crucial to the financial fortunes of many European and US network carriers will begin to open up in the coming summer season.
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NewsVirgin Atlantic to receive further shareholder funding
Virgin Atlantic has agreed a further £160 million ($223 million) package of loans and payment deferrals, the majority of which will come from founder Richard Branson’s Virgin Group, as the UK carrier awaits a return to flying later in the year.
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NewsVirgin Atlantic expects early-summer passenger demand recovery
UK carrier Virgin Atlantic has written off the normally busy Easter travel season and now expects a recovery in passenger numbers to begin in May-June, chief executive Shai Weiss has indicated. Noting that he has been forced to repeatedly push back his expectations for a recovery in travel demand, Weiss ...
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NewsUK airline leaders call for support and exit plan as borders tighten
The chief executives of several UK airlines have issued a joint call for the country’s government to outline an “urgent roadmap” for the reopening of air travel, while at the same time demanding an aviation support package “that recognises the urgency and scale of the danger now facing our sector”.
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Airline BusinessHow many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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NewsBlock on UK airline travel shows need for Covid-19 testing regime: IATA
IATA believes the sudden blocking of flights from the UK by dozens of countries proves the importance of introducing universal Covid-19 testing regimes to keep international travel open.
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NewsDelta, Virgin join British Airways in testing passengers from UK
Delta Air Lines and Virgin Atlantic Airways will join British Airways in implementing pre-departure Covid-19 testing for passengers booked on flights from the United Kingdom to the United States.
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NewsVirgin Atlantic cancels launch of Delhi and Mumbai flights from Manchester
Virgin Atlantic has cancelled the launch of services between Manchester airport and the Indian cities of Delhi and Mumbai. “We are continuously reviewing our flying programme and in response to the ongoing impact of Covid-19 we have made the difficult decision to withdraw our Manchester to Delhi and Mumbai services, ...
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NewsVirgin Atlantic’s last 747-400 set to be recruited as troopship
UK long-haul airline Virgin Atlantic Airways is preparing to withdraw its final Boeing 747-400, which is set to be transformed into a US-operated troop carrier. The aircraft (G-VROY), parked at the airline’s London Heathrow maintenance hangar, has undergone an acceptance check by its lessor. FlightGlobal understands that the aircraft is ...
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Airline BusinessWhy transatlantic return matters so much to airlines
When Virgin Atlantic broke the news it would need to cut over 1,000 more jobs, even having secured its future within £1.2 billion ($1.6 billion) in refinancing commitments, it underlined just how damaging the failure to reignite the key transatlantic market was.
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NewsVirgin Atlantic to cut 1,150 more jobs after restructuring approved
UK carrier Virgin Atlantic is to cut a further 1,150 jobs after formally securing court approvals for a restructuring plan which will unlock £1.2 billion ($1.6 billion) worth of refinancing.
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NewsUK court formally backs Virgin Atlantic restructuring plan
Virgin Atlantic has completed another step in its planned recapitalisation after a court today approved its restructuring plan.
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NewsVirgin Atlantic adds back five routes to network in September
UK carrier Virgin Atlantic is restoring flights to Atlanta, Lagos, Tel Aviv and the Indian cities of Delhi and Mumbai this month as the restructuring airline rebuilds its network amid coronavirus.
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NewsVirgin Atlantic to serve Pakistan from London and Manchester
Virgin Atlantic will begin operating routes from London Heathrow to Lahore and Islamabad and from Manchester to Islamabad in December. The carrier is looking to take advantage of relatively resilient demand for visiting friends and relatives, and to take a slice of cargo trade between Pakistan and the UK. Pakistan ...
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NewsVirgin Atlantic creditors back rescue plan
Virgin Atlantic’s recapitalisation efforts have been boosted after creditors voted in favour of its restructuring plan.