Volumes rise for Virgin Atlantic Cargo in ‘challenging’ 2016

Virgin Atlantic Cargo’s volumes rose 1.8 percent in what the carrier called a “challenging market environment.” Overall, the airline carried 218,000 tonnes of cargo across its international network for the calendar year.

A strong second half of the year and high peak-season demand helped boost volumes, although John Lloyd, senior vice president of cargo at Virgin Atlantic, noted that, “the impact of overcapacity on yields and the falling value of sterling were major factors” on the lower yiel...

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