Olympics ‘no bonanza’ for Virgin Atlantic

Posted: April 11, 2012 in Airlines, Australia, Aviation & Airports (General News), Gatwick, Heathrow
Tags: , , , , , ,

Virgin Atlantic is not expecting a huge increase in travel demand as a result of the London Olympics, with the airlines chief commercial officer Julie Southern saying demand will be “net neutral”.

Julie Southern saying demand will be “net neutral”.

Julie Southern saying demand will be “net neutral” : Peter Russell Photography

According to the airline the  European recession will keep the Brits at home and therefore the airline  predicts a moderate six percent increase in passenger growth on the  Australia-UK route compared to its ten percent increase the previous year, the  Brisbane Times reported.

Ms Southern said despite the games  bringing in an increased number of visitors to London the event will lead to a  decrease in the number of Brits travelling abroad.

“It is not a curse but it is not a bonanza either,” Ms Southern said.

Ms Southern added that the carrier  has not yet seen an influx of Australian keen to travel to London for the  games.

Additionally as a result of intense  competition from Middle Eastern and Chinese Airlines plus the rising price of  fuel Airlines including Qantas are struggling on the Europe route.

”It is tougher flying  internationally, which is what we are seeing with BA and Qantas,” Ms Southern  said.

Read the full story at Travel Blackboard….

Travel Blackboard
Wednesday, 11 April 2012

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s