London Daily

Focus on the big picture.
Saturday, Jul 11, 2026

COVID-19: Virgin Atlantic boss says 'no reason to delay' return of UK-US travel as it posts £858m loss

COVID-19: Virgin Atlantic boss says 'no reason to delay' return of UK-US travel as it posts £858m loss

Virgin wants the US to be on the UK's green list when non-essential travel reopens under a "traffic light" system next month.

The boss of Virgin Atlantic says there is "no reason to delay" the return of US-UK travel next month - as the carrier reported an £858m annual loss.

Virgin, which has cut thousands of jobs with flights grounded during the pandemic - and last autumn completed a rescue deal with investors - said passenger numbers last year fell by more than 80% to 1.1 million.

Under the government's roadmap for reopening, non-essential travel is set to resume on 17 May under a "traffic light" system but it has yet to announce which countries will be on the "green list" subject to fewest restrictions.

The carrier is 51% owned by Sir Richard Branson's Virgin Group


Virgin's boss Shai Weiss has argued that the US should be on the list - which will allow passengers to return from the selected countries without having to isolate, though they will have to pay for COVID tests.

Mr Weiss said: "With world leading vaccination programmes in both the UK and US, and evidence to support safe reopening through testing, there is a clear opportunity to open up travel and no reason to delay beyond 17 May."

The comments, reiterating a stance previously outlined by Mr Weiss, come after easyJet boss Johan Lundgren said earlier this month that European holiday destinations such as Spain, Italy, Greece and Portugal should be on the list too.

Travel sector operators have also been asking to be told about the list as soon as possible as the reopening date nears.

This week, Jet2 said the uncertainty was resulting in travellers leaving bookings until the last minute.

Transatlantic routes typically account for about four-fifths of revenues for Virgin Atlantic - which is 51% owned by Sir Richard Branson's Virgin group and 49% by America's Delta airlines.

Mr Weiss said Virgin welcomed the government's framework for reopening travel but that it did not go far enough, with hundreds of thousands of jobs in the industry at stake.

"Now we need certainty that the framework will allow for a phased removal of testing and quarantine," he said.

Virgin said revenues fell by 70% to £868m last year with an upturn in cargo volumes the only financial boost.

It also said it "made a significant contribution towards the national effort to protect lives, from transporting vital PPE and medical supplies, to volunteering to support NHS frontline services".

The carrier said it had processed more than £600m of customer refunds during the year as a result of the disruption.

Virgin's loss for the year of £858m compares to a loss of £63.7m in 2019.

The annual report showed that the company's number of employees fell from 10,016 to 5,907 over the year while the company received £70m from the government's furlough scheme subsidising the wages of workers temporarily laid off due to the pandemic.

Newsletter

Related Articles

0:00
0:00
Close
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Cross-Party MPs Call for National Climate Emergency Broadcast
Bayeux Tapestry Arrives in the United Kingdom for Landmark Exhibition
United Kingdom Launches Modern Slavery Prevention Programme in Vietnam
Police Warn Against Misinformation Following Disorder in Glasgow
Pension Reform Takes Effect to Consolidate Workplace Savings Industry
Treasury and Bank of England Monitor Economy as Energy Price Pressures Ease
Government Orders Treasury Reform of Disciplinary Procedures Following Civil Servant's Death
Ofcom to Require Major Technology Platforms to Block Scam Advertisements
Labour Apologizes Over Gaza Position in Bid to Rebuild Support
High Court Rules UK-France Asylum Agreement Protection Cuts Were Unlawful
Metropolitan Police Open Murder Investigation Into Death of Former MP Ann Widdecombe
University College London Report Proposes Replacing Council Tax and Stamp Duty With National Property Tax
Treasury Places Amazon, Google, Microsoft and Oracle Under New UK Financial System Oversight Rules
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
UK Energy Strategy Focuses on Storage and Offshore Wind to Support Renewable Transition
Regional Governments Gain Greater Role in Britain’s Infrastructure and Economic Strategy
Britain Strengthens Technology Sovereignty Through Tougher Artificial Intelligence Competition Rules
UK Government Expands Artificial Intelligence Use Across Public Services Despite Privacy Debate
UK Universities Warn of Financial Pressure After Sharp Fall in International Student Enrolment
Welsh Government Completes Rail Nationalisation With One Point Five Billion Pound Modernisation Plan
Northern Ireland Records Export Growth as Companies Benefit From Dual UK and EU Market Access
Greater Manchester Launches Two Billion Pound Plan to Convert Empty Commercial Sites Into Housing
National Grid Connects Europe’s Largest Battery Storage Facility in Yorkshire
UK Defence Ministry Plans Royal Navy Autonomous Fleet Deployment to Indo-Pacific
Scotland Approves Europe’s Largest Floating Offshore Wind Project Near Aberdeen
Competition and Markets Authority Blocks Forty Billion Pound Technology Deal Over AI Security Concerns
UK Launches Five Hundred Million Pound Artificial Intelligence Network for National Health Service Diagnostics
Bank of England Signals Possible Interest Rate Cuts After Inflation Falls Below Target
UK Government Unveils Major Wealth Tax Reform to Fund National Health Service Infrastructure Expansion
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Barclays and PwC Report Examines Economic Opportunities from Financial Asset Tokenisation
Pound Sterling Strengthens as Investors Anticipate Further Bank of England Rate Increases
British Business Bank Invests Twenty-Seven Million Pounds in Kraken Technology Defence Expansion
UK Business Secretary Peter Kyle Backs State Investment Strategy Inspired by US Approach
UK Electricity System Issues Margin Notice as Heatwave Tightens Evening Supply Outlook
Labour Leadership Contest Opens as Andy Burnham Emerges as Expected Sole Candidate
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
×