The carrier on Monday (31 March) posted a pre-tax profit of £20 million off the back of a record £3.3 billion in revenue, up £183 million year-on-year in what was its 40th anniversary year.
Passenger capacity increased by 7.6% during 2024, a year in which Virgin flew 5.6 million passengers, although load factor came in at only just over three-quarters (77.3%).
However, Virgin nonetheless said this represented stronger utilisation of its fleet compared with pre-pandemic levels, with an average of 43 aircraft operating 24,832 sectors (flights) versus 45 aircraft flying 23,551 sectors in 2019.
