Virgin cargo volumes up
10 / 08 / 2011
VIRGIN Atlantic Cargo, helped by subsidiary V Australia, has seen double-digit growth in international tonnage.
Strong performance 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 per cent, 13 per cent and 16 per cent respectively.
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. Overall revenues for the 2010/2011 financial year have leapt 39 per cent to £224.4 million (US$362.3 million).
“Even in a year when air cargo volumes across the industry were recovering, this is a fantastic result and a tribute to our team around the world for consistently providing the exceptional levels of customer service that help to set us apart from other airlines,” John Lloyd, director of Virgin Atlantic Cargo, said. “Our partnership with V Australia once again had a strong impact on our results and this is a model we believe we can successfully implement with other airlines to deliver positive and mutual benefits.”