Virgin Atlantic boss says higher jet fuel prices are ‘here to stay’
- Posted on April 14, 2026
- By Financial Times
- 10 Views
In brief
Virgin Atlantic's chief executive warns that elevated jet fuel costs represent a structural market shift rather than a temporary disruption, with significant implications for airline profitability. The carrier faces substantial financial headwinds, with management cautioning that achieving profitability in 2026 will prove challenging amid persistent fuel price pressures and industry-wide economic uncertainties affecting the UK aviation sector.
Virgin Atlantic boss says higher jet fuel prices are ‘here to stay’
Chief executive Corneel Koster also says UK airline will struggle to turn a profit in 2026