Virgin Atlantic Limited 2018 AR2
The report outlines Virgin Atlantic's financial and operational performance for 2018, highlighting the conclusion of its four-year Plan to Win and the launch of its new three-year Velocity plan. Key achievements include flying over 5.4 million passengers, generating #2.8 billion in revenue, and operating the world's first commercial flight using LanzaTech's sustainable aviation fuel. The company also expanded its transatlantic joint venture with Delta, Air France, and KLM, and introduced three new Economy products to enhance customer choice. Despite macroeconomic challenges like Sterling weakness and engine supply issues, the airline reduced its group loss before tax and improved operational resilience.
Company: Virgin Atlantic Limited
Sector: Transport & logistics
Country: United Kingdom
Year: 2018
Type: AR2
Pages: 114
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Virgin Atlantic Limited
Annual Report
The report outlines Virgin Atlantic's financial and operational performance for 2018, highlighting the conclusion of its four-year Plan to Win and the launch of its new three-year Velocity plan. Key achievements include flying over 5.4 million passengers, generating #2.8 billion in revenue, and operating the world's first commercial flight using LanzaTech's sustainable aviation fuel. The company also expanded its transatlantic joint venture with Delta, Air France, and KLM, and introduced three new Economy products to enhance customer choice. Despite macroeconomic challenges like Sterling weakness and engine supply issues, the airline reduced its group loss before tax and improved operational resilience.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees