Virgin Atlantic books another loss as consumer uncertainty rises

Virgin AtlanticVirgin Atlantic has posted its second consecutive year in the red as the airline was hit by the Brexit-hit pound, economic uncertainty and engine woes.

Virgin Atlantic has posted its second consecutive year in the red as the airline was hit by the Brexit-hit pound, economic uncertainty and engine woes.

The carrier - founded by Sir Richard Branson - posted a statutory loss of £38.9m (€45m) in the year to December 31, which compares to £65.5m (€76m) in 2017.