Virgin Atlantic CEO Shai Weiss says it's prudent for the airline industry to plan conservatively due to the war in Ukraine, inflation and volatile energy prices.
Additionally, the long-haul carrier is starting to see the return of longer booking curves, and has already sold over 1 billion British pounds in revenue this year, which Weiss says is "the advantage of doing long haul when it works."
Traditionally, because Virgin Atlantic is a long-haul carrier, customers book months in advance. However, during the pandemic, that trend shifted and travelers were booking much closer to their travel date, given the uncertainty of COVID-19. Shai Weiss, chief executive office of Virgin Atlantic Airways Ltd., at the World Aviation Festival in London Wednesday, Dec. 1, 2021.
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