Virgin Atlantic yesterday reported a net profit for the year ended Feb. 29 of £47.7 million ($88.2 million), up from £6.6 million the previous year, citing a surge in business travelers at Virgin Atlantic Airways. Pre-tax profit before special items, which included £32.5 million in provisions for the refund of passenger fuel surcharges as part of a court settlement for colluding with British Airways on long-haul flights (ATWOnline, Aug. 8), rose 38% year-over-year to ...

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