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Delta Air Lines | March 25, 2016
Virgin Atlantic returned to profitability in 2014 and posted further earnings growth in 2015 despite incurring big fuel hedging losses. As those hedging costs fade and as Virgin Atlantic upgrades much of its fleet to the highly efficient Boeing (NYSE: BA) 787-9, profits should rise even further, leading to a big payoff for Delta. Here are the details. Virgin Atlantic releases 2015 earnings results This week, Virgin Atlantic announced that its full-year adjusted pre-tax profit rose more than 80%...
Delta Air Lines | May 31, 2016
ATLANTA and LONDON, May 31, 2016 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) and Virgin Atlantic today announced changes to their respective summer 2017 schedules to optimize their joint network between the United States and the United Kingdom. The move reflects the strong partnership between the two airlines, which is focused on offering customers more travel choices and flexibility. The changes are as follows:For Delta: A new four times a week Portland, Oregon to London Heathrow seasonal servi...
Delta Air Lines | June 01, 2016
A long-term agreement signed today by Virgin Atlantic Cargo and Delta Cargo to co-locate their cargo handling at 12 U.K. locations under a “one roof” handling strategy is expected to enhance service while cutting costs, according to representatives of the two carriers.Effective June 8 this year, Delta Cargo will join Virgin Atlantic Cargo in outsourcing cargo handling at London Heathrow to dnata, one of the largest suppliers of combined air services in the world. The two carriers wil...
Airbus Girl | July 13, 2016
Virgin Atlantic will buy eight of Airbus’ new A350 widebody jets and plans to lease another four, calling the jet its “future flagship.” The first of the A350-1000s will begin arriving to the carrier in 2019. The A350-1000 is the largest variant of the widebody jet, the newest in Airbus’ lineup of commercial passenger aircraft types. The first A350 -- the smaller -900 variant -- entered commercial service for the first time in January 2015....
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