The company, which also owns Virgin Holidays, made a pre-tax loss of £26.1 million, excluding tax and exceptional items in 2018. This was an improvement on the £49 million loss Virgin Atlantic made in 2017.
More positively, Virgin Atlantic increased revenue by £153 million or 5.8% to £2.8 billion during the year, with passenger numbers also rising by 4.8% to reach 5.4 million.
The airline emphasised a 1.7% year-on-year increase in its passenger unit revenue – the first time this key metric has risen since 2014.
Virgin added it was now “in a strong position to realise its plan to revive growth and return to profitability”.
