The carrier said the effect of the Delta and Omicron variants of Covid-19, and accompanying travel restrictions, had slowed the rebound that got under way in the autumn.
Such was the delay and subsequent curtailment in demand, Virgin on Wednesday (6 April) said it now did not expect to return to profitability until 2023.
However, it said that the pandemic "continued to weigh heavily" on the firm’s financial performance, it expected the rate of recovery to increase now travel has resumed.
