Mon, March 31, 2025
[ Mon, Mar 31st ]: Insider
Gen Z's career apocalypse
Sun, March 30, 2025

Virgin Atlantic sees signals of slowing US demand

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. -atlantic-sees-signals-of-slowing-us-demand.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
British airline Virgin Atlantic said it was starting to see some signals that demand was slowing in the United States after a strong start to 2025.
Virgin Atlantic Airways has observed signs of slowing demand for flights to the U.S., as reported by CEO Shai Weiss. This observation comes amidst a backdrop of economic uncertainty and high interest rates affecting consumer spending. Despite this, the airline has not seen a significant drop in bookings but is cautious about future demand. Weiss noted that while there is still demand, particularly for premium travel, the pace of growth has moderated. This slowdown is attributed to broader economic conditions rather than a lack of interest in travel. Virgin Atlantic is adapting by focusing on cost management and exploring new revenue streams to mitigate potential impacts.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/virgin-atlantic-sees-signals-of-slowing-us-demand/ar-AA1BYLAO ]