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Virgin Atlantic’s Delta joint venture ‘helped airline through tough 2017’

Air
Jennifer Morris
21 March 2018

Virgin Atlantic’s chief executive has admitted its joint venture with Delta Air Lines helped it weather the impact of the Brexit vote, as the airline reported a 2017 loss.

A350-1000 VIRGIN ATLANTIC

Virgin Atlantic Group made a pre-tax loss of £28.4 million, compared with a £23 million profit in 2016. The deficit came despite a £15.5 million contribution from Virgin Holidays.


Virgin Atlantic chief executive Craig Kreeger said: “There were three big external issues that we had to deal with in 2017: the full-year impact of a weak sterling relative to the dollar, an industry-wide engine supply issue and severe hurricane disruption in the Caribbean and US.”