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Virgin Express reported 'expected seasonal' first-quarter loss
London, Uk - Of EUR 6,7m
Richard Branson owned-by Virgin Express reported "an expected seasonal" loss of EUR 6,7m in the first quarter of 2001, thus worst than last year same period's one of EUR3,8m. "The 15% decrease in revenue was planned and a consequence of the restructuring and refocusing of our business from a Brussels hub, the tragic events of Sept. 11 and the Sabena bankruptcy", Virgin Express said in a statement....
AVIONEWS - World Aeronautical Press Agency - 28988
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency