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Issue #592

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Breakbulk Quarterly

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2014 Media Kit

Virgin Atlantic Cargo exceeds expectations with £225.3 million revenues in 2013

By: | at 03:46 PM | Air Cargo  

Virgin Atlantic Cargo reported a healthy turnover of £225.3m for 2013, exceeding expectations in a challenging global market.

The year ended December 31st 2013 saw the airline achieve the highest ever average cargo load factor in its 30-year history of 76%, up 6% year-on-year and well ahead of the industry average.

Tonnage carried by Virgin Atlantic was 5% higher at 224,500 tonnes in 2013 in a market that declined 0.5% overall. Revenues were down 3% compared to the previous year, reflecting the airline’s 7% reduction in capacity over the year.