Virgin Atlantic Airways has posted a full-year loss of £69.9 million ($107 million), which includes Virgin Holidays. The main airline lost £93 million, which was partially offset by a one-time gain of £35.4 million and a £23.1 million contribution from other units. The group blamed higher costs, sluggish economies and a dip in business travel during the London Olympics for the poor performance. However it reiterated that the airline would return to profit by Spring 2015, buoyed by a trans-Atlantic alliance with new shareholder Delta Air Lines. Virgin flew 188,000 more passengers during the 12 months to end of

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