Virgin Atlantic has posted its 2024 financial results, which show an Earnings Before Interest and Tax profit (EBIT) of £230m (US$297 million), an almost five-fold increase over the £48 million (US$62.1 million) posted the preceding year. 

In terms of revenue, 2024 was a record year for the UK-based long-haul carrier. Virgin Atlantic’s revenues went up by £183m (US$236.7 million) to a total of £3.3bn (US$4.27 billion). 

The carrier attributed this increase in revenue in great part to a 7.6% capacity increase, as well as to continued strong demand for business and premium leisure travel.  

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