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Virgin Soars as BA Posts Record Loss

Branson's airline doubles profits year-on-year

By Jason Farago, Newser Staff

Posted May 26, 2009 5:37 AM CDT

(Newser) – Virgin Atlantic announced today that its annual profits had nearly doubled to $109 million, while its rival British Airways posted a record annual loss of $638 million. According to the Times of London, Richard Branson's airline increased its market share and drew substantial revenue from... Read full story »

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Virgin Soars as BA Posts Record Loss

Branson's airline doubles profits year-on-year

Richard Branson • airline industry • profits • British Airways • Virgin Atlantic

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