Virgin Atlantic Profit Rises on Fuel Savings, Delta Tie-Up

LONDON–Virgin Atlantic Airways Ltd. chalked up a second year of operating profit last year after a succession of yearly losses, aided by a lower fuel bill and a restructuring in which the carrier founded by billionaire Richard Branson has focused on flights to the U.S.

Virgin Atlantic, 49%-owned by Delta Air Lines Inc., said on Wednesday that pretax profit, before so-called one-time items, nearly doubled to £22.5 million ($ 32… US Business

About The Author