Air Transport World

Virgin Atlantic Group.(annual earnings report)(Brief Article)

Virgin Atlantic Group reported a final pre-tax profit of 15.7 million [euro] ($25.3 million) for the year ended last April 30. The airline lost 92.6 million [euro] in the previous financial year. Current-period results included 33 million [pounds sterling] in exceptional charges while FY02 results included 94.4 million [pounds sterling] in exceptionals. Profit before tax and exceptional items was 48.7 million [euro], a significant increase over 1.8 million [euro] in the previous year. Turnover totaled 1. …

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