Virgin Atlantic faces profitability challenge amid persistent fuel crisis. The airline's chief executive warned that elevated jet fuel prices are expected to remain elevated, with current prices more than double pre-war levels despite recent geopolitical improvements. Even after implementing fuel surcharges on tickets, the British carrier struggles to return to profitability this year. The airline has approximately six weeks of secured jet fuel supplies before uncertainty increases, prompting management to engage with governments and London's Heathrow Airport to secure adequate fuel availability. A prolonged Middle East conflict could further dampen global travel demand, adding pressure to an already strained aviation sector facing structural cost challenges.
