Virgin Atlantic has reported pre-tax profits of £18.5 million year to March. Revenues were up by 13% to £2.7bn. This was boosted by a strong last quarter in the three months to the end of May where the airline’s revenue rose by 7.6% to £658 million. Last year the airline posted a loss of £132million as it was impacted by the recession, volcanic ash, and adverse weather conditions. Virgin Atlantic chief executive Steve Ridgway said. “We have demonstrated the resilience of our business by weathering the toughest economic period for aviation and have now returned the business to profit.” But

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