Richard Branson is one smart mofo:
Virgin Atlantic has announced that it has almost doubled annual profits, just a few days after rival British Airways reported a record loss.
The airline said pre-tax profits soared from £34.8m to £68.4m in the year to February, despite a backdrop of volatile oil prices and the deep recession.
The results contrast with BA's record annual operating loss of £401m, reported last Friday, after its fuel bill reached almost £3bn.
Virgin Atlantic, which is majority owned by Sir Richard Branson's Virgin Group, flew 5.8 million passengers over the period, helped by higher numbers of premium travellers
Wanna know why?
i did a random search for first class from LAX-LHR
British airways: $14,000
Virgin Atlantic upperclass : $3,800
Thats over $10,000 less.lol Granted its not 100% the same, but when u fly Virgin Upperclass its pretty much as good as british airways first class, barring one or two differences.. but a $10k difference??
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