Finance

Virgin Atlantic narrows loss to $175 million in 2023; on course to return to profit in 2024

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Virgin Atlantic narrows loss to $175 million in 2023; on course to return to profit in 2024

Virgin Atlantic has narrowed its losses for the year in 2023 to £139 million ($175 million) from £206 million ($260 million) in 2022.  Its total revenue was up £265 million ($334.5 million) from 2022 to £3.1bn ($3.9bn) in 2023. Its EBITDA for the year was £352 million ($444.3 million). The co...

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