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Virgin Atlantic CEO: 2022 revenue expected to beat 2019 with 20% less capacity
2022.11.21 05:34
© Reuters. FILE PHOTO: Virgin Atlantic’s planes are seen parked at Manchester Airport, following the outbreak of the coronavirus disease (COVID-19), Manchester, Britain, May 9, 2020. REUTERS/Phil Noble/File Photo
LONDON (Reuters) – The chief executive of Virgin Atlantic said the airline expected its revenue this year to exceed 2019 even though it would fly 20% less capacity, but 2023 would be “tough”.
“It’s been a very robust year, we’ve exceeded our plans,” Shai Weiss told an industry conference on Monday.
“It’s going to be a tough 2023. We need of course the price of energy to come down and people’s lives to be a bit better with inflation tamed.”
