Virgin Atlantic A340-600. By Rob Finlayson The UK’s Virgin Atlantic Group, which includes Virgin Atlantic Airways (VS), recorded an operating loss of £80.2 million ($120.3 million) for the 2011-12 financial year, compared to an £18.5 million operating profit for the preceding year (ATW Daily News, Aug. 12, 2011). Revenues increased 3% to £2.74 billion at the Group, which traditionally does not separate out figures for the airline and releases limited ...

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