London Daily

Focus on the big picture.
Saturday, Jun 20, 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
UK Health Authorities Introduce Drug Price Concessions Amid Record NHS Medicine Shortages
Sir David Attenborough Supports Sherwood Forest Conservation Efforts After Loss of Major Oak
Aardman Animations Marks 50 Years With Major Exhibition in Bristol
Drax Cleared After Investigation Into Wood Pellet Sourcing Practices
Jaguar Land Rover Shifts Toward Hybrid Vehicle Production for US Export Strategy
UK Police Arrest Liberal Democrat MP Cameron Thomas on Suspicion of Assault
Health Concerns Grow Over Elevated Kidney Cancer Rates Near Lancashire PFAS Factory
Royal Navy F-35 Jets Conduct First NATO Air Warfare Exercise from Finnish Airspace
UK NHS Issues Price Concessions for Medicines Amid Severe Drug Shortages
Heathrow Third Runway Project Faces Sharp Downward Revision in Expected Economic Benefits
Amber Heat Warning Issued Across Parts of England and Wales as Temperatures Rise
Train Collision Near Bedford Disrupts UK Rail Network and Leaves Multiple Injured
Bank of England Data Suggests Brexit Has Reduced UK Economic Output by Around Six Percent
UK Borrowing Costs Hold Near 4.8 Percent as Political Uncertainty Fuels Market Pressure
Andy Burnham Emerges as Front-Runner to Succeed Keir Starmer After Landslide Makerfield Victory
Prime Minister Keir Starmer Faces Mounting Pressure to Resign After Labour By-Election Defeat in Makerfield
Payment Fraud Losses Reach £1.28 Billion and Raise National Security Concerns
Lending to Small Businesses Climbs to Highest Level Since Late 2024
Middle East Conflict Clouds UK Economic Recovery Despite Strong First-Quarter Growth
Bank of England Moves to Simplify Capital Rules for Smaller Lenders
UK Government Fast-Tracks National Security and Cyber Resilience Legislation
Ofcom Investigates Telegram Over Alleged Role in Organising Arson Attacks
MPs Press Fujitsu to Speed Compensation for Post Office Horizon Victims
Bank of England Delays Final Basel III Implementation Changes to Support UK Banking Competitiveness
Pound Falls as Political Uncertainty and Bank of England Signals Weigh on Markets
0Andy Burnham Wins Makerfield By-Election and Emerges as Main Challenger to Keir Starmer
Dorset Council Tests AI Tools to Streamline Local Planning Applications
UK Researchers at Kew Gardens Use AI to Speed Up Identification of Threatened Plant Species
UK Gilt Yields Ease Toward 4.8% as Inflation and Labour Market Data Weigh on Bonds
Bank of England Data Shows Resilient SME Lending Despite Economic Slowdown
UK Finance Reports Weakening Services Activity as Business Confidence Softens
UK Introduces Mandatory Internal Complaints Process Under Data Use and Access Act
Bank of England Governor Andrew Bailey Flags Geopolitical Uncertainty as Key Risk to Inflation Outlook
Bank of England Holds Interest Rates at 3.75% as Policymakers Signal Cautious Stance on Inflation Risks
Cornwall Clergy Raise £40,000 for Church Repairs Through Everest-Themed Charity Challenge
UK Business and Social Landscape Reflects Strain From Geopolitical and Domestic Pressures
Tensions Grow in UK Over Sikh Kirpan and Religious Symbolism in Public Debate
Energy Price Cap Increase Set to Lift UK Household Bills by 13 Percent
University of Reading Ranked 196th in QS World University Rankings
UK Maritime Archaeologists Identify 17th-Century Dutch Shipwreck Off Devon Coast
Oxford Union Islam Debate Sparks Protest From Faith Leaders in UK
UK Social Cohesion Debate Intensifies After Religious Prejudice Survey Findings
UK SME Lending Rises Despite Geopolitical Uncertainty and Cautious Outlook
Foreign Demand for UK Gilts Remains Sensitive to Global Inflation Trends
Labour Party Faces Leadership Pressure After Weak Local Election Results in UK
Transport Costs Drive Inflation Pressure as Petrol Prices Push Up UK CPI
British Chambers of Commerce Cuts Growth Forecast as Middle East Conflict Weighs on Investment
UK Economy Grows 0.6 Percent in First Quarter but Outlook Remains Weak
Bank of England Holds Interest Rates at 3.75 Percent as Inflation Risks Persist
Energy Price Cap Rise Expected to Keep UK Inflation Above Target Through 2026
×