Virgin Atlantic Cargo reports revenues of £221m for 2014

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Virgin Atlantic Cargo has today reported revenues of £221 million for 2014, reflecting another year of resilience in a fluctuating global air cargo market that saw yields decline for the third year in a row.
The UK and Europe contributed strong revenue and tonnage gains for the year. UK revenues grew 6% over 2013, while Europe recorded 5% growth. Overall, Virgin Atlantic carried 224,139 tonnes for the year as a whole, matching its result for last year despite a reduction in capacity due to route and aircraft changes. The airline’s load factor of 74% continued to be well ahead of the industry average.