Virgin Atlantic nearly doubled its pre-tax profit to £68.4 million ($108.7 million) for its fiscal year ended Feb. 28 from £34.8 million in the prior year. CEO Steve Ridgway said the company increased profitability despite "the toughest trading environment ever" because "with some of the lowest fares ever" it is "winning market share from our competitors." He added that "load factors remain resilient as travelers take advantage of these bargain fares." VS said fares are "at their ...

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