Virgin Cargo sees 39% revenue growth

Virgin Atlantic Cargo today announced revenues for the 2010/2011 financial year up 39 per cent to £224.4 million. The carrier cited strong performance across its network which saw tonnage carried on the Virgin Atlantic and V Australia networks climb to nearly 227,000 tonnes, a 17 per cent increase on the previous year. Europe, the Middle East and Africa (EMEA), Asia Pacific and the Americas reported tonnage increases in 2010/11 of 19, 13 and 16 per cent respectively.


EMEA V Australia networks Virgin Atlantic Virgin Atlantic Cargo


Virgin Atlantic Cargo today announced revenues for the 2010/2011 financial year up 39 per cent to £224.4 million. The carrier cited strong performance across its network which saw tonnage carried on the Virgin Atlantic and V Australia networks climb to nearly 227,000 tonnes, a 17 per cent increase on the previous year. Europe, the Middle East and Africa (EMEA), Asia Pacific and the Americas reported tonnage increases in 2010/11 of 19, 13 and 16 per cent respectively.

Virgin Atlantic Cargo’s revenues in the three regions also recorded significant gains. In EMEA, sales were up 47 per cent over 2009/10, Asia Pacific revenues rose 41 per cent and the Americas was 29 per cent ahead of last year.