Company Overview of Virgin Atlantic Ltd.
Virgin Atlantic Ltd., through its subsidiaries, provides domestic, regional, and international air transportation services to passengers and cargo. The company also provides air traffic management services in the United Kingdom and Oceanic airspace. The company was incorporated in 1998 and is based in Crawley, United Kingdom. Virgin Atlantic Ltd. operates as a subsidiary of Virgin Group Ltd.
The Office Manor Royal
Crawley, RH10 9NU
Founded in 1998
44 12 9356 2345
44 12 9344 8373
Key Executives for Virgin Atlantic Ltd.
Executive Vice-President of Commercial
Compensation as of Fiscal Year 2015.
Virgin Atlantic Ltd. Key Developments
Virgin Atlantic to Cut 500 Jobs
Jun 30 15
Virgin Atlantic is to axe up to 500 staff in an attempt to keep the airline's rocky finances on track. It would be 'structuring the business in a simpler, more efficient way' by cutting 500 jobs in support and managerial roles, through redeployment and redundancies, by the end of the year. The airline returned to profit this year after three years of heavy losses, and chief executive Craig Kreeger has pledged to restore sustained record profits by 2018.
Virgin Atlantic Names Erik Varwijk as its New Executive Vice-President, Commercial
Jun 15 15
Virgin Atlantic has named Erik Varwijk as its new executive vice-president, commercial. Varwijk stepped down from his role as executive vice-president of Air France-KLM Cargo in March. He will take up his new role on June 15 and be responsible for leading all commercial teams across the business including sales and customer engagement, marketing and customer experience, network and alliances and revenue management.
Virgin Atlantic Reports Group Earnings and Production Results for the Year Ended 31 December 2014
Mar 10 15
Virgin Atlantic reported group earnings and production results for the year ended 31 December 2014. For the year, the company reported profit before tax and exceptional items of £14.4 million, representing an improvement of £65.4 million on the previous year's pretax loss of £51.0 million. Group revenue was £2.9 billion.
For the year, the company reported average revenue passenger load factors of 77.38%.
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