Both carriers were highly hit by economic crisis of ; profitability measured using three different indicators reflected negative values.
Air France KLM, Unexpectedly both airlines achieved positive net profit in the Year which was fuelled by revenue generated from premium business travellers.
The company's business segments consist of mobile and fixed-line communication, Internet culture, broadband infrastructure etc.
Mr Bayliss says that royalties — income from allowing companies to use the Virgin brand name — have increased substantially in recent years and their weight in the overall VGH investment portfolio has risen accordingly. One of the major substantial costs in aviation industry is employee costs or salaries and in Europe as everyone knows salaries are higher.
VGH owns 27 per cent of the 12 largest Virgin companies by revenues. Because VGH is run like a private equity company the question is how secure are the cash flows to bankroll Galactic and other Virgin businesses, which are at varying stages of development and profitability. We present in-depth analysis from over experienced analysts on a range of views of the probable direction of the financial markets.