Virgin Atlantic Limited 2022 AR2
The report outlines Virgin Atlantic's recovery in 2022, achieving airline revenues of #2.5bn and an underlying EBITDA of #310m despite macroeconomic challenges. The company advanced its fleet transformation, with next-generation aircraft making up 74% of its fleet and reducing absolute carbon emissions by 35% over the last decade. Virgin Atlantic also secured UK government funding to operate the first 100% sustainable aviation fuel (SAF) transatlantic flight. Additionally, the company launched its 'Be Yourself' gender identity and tattoo policies, leading to a significant increase in job applications and being named the number one Most Loved Workplace in the UK.
Company: Virgin Atlantic Limited
Year: 2022
Type: AR2
Pages: 82
Virgin Atlantic Limited
Annual Report
The report outlines Virgin Atlantic's recovery in 2022, achieving airline revenues of #2.5bn and an underlying EBITDA of #310m despite macroeconomic challenges. The company advanced its fleet transformation, with next-generation aircraft making up 74% of its fleet and reducing absolute carbon emissions by 35% over the last decade. Virgin Atlantic also secured UK government funding to operate the first 100% sustainable aviation fuel (SAF) transatlantic flight. Additionally, the company launched its 'Be Yourself' gender identity and tattoo policies, leading to a significant increase in job applications and being named the number one Most Loved Workplace in the UK.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Total Waste
Women in Management
Net Zero Target
Employees