Virgin Express (VIRGY) Richard Branson's European Airline Message Board

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Non-Tech : Virgin Express (VIRGY) Richard Branson's European Airline

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To: scott bradley who wrote (47)	1/13/2000 2:57:00 PM
From: Stephen O	of 62

Virgin Express December Traffic Rises on New Services Brussels, Jan. 13 (Bloomberg) -- Virgin Express Holdings Plc, Europe's No. 2 low-fare airline, said its traffic as measured by revenue passenger miles rose 20.3 percent in December from a year ago, as it added new routes to Berlin. Revenue passenger miles climbed to 126.1 million compared with 104.9 million a year earlier. Seating capacity expanded 22 percent to 180.3 million passenger miles as the company began new services to Berlin from Brussels, London and Rome Nov. 10. In November, revenue-passenger miles -- the number of passengers traveling multiplied by the number of miles flown -- rose 18.5 percent while capacity grew 17.8 percent. The amount of seating capacity filled, or load factor, fell 1.1 percentage point in December to 70 percent from a year ago, following a 0.4-point gain in November to 70.3 percent from November 1998. The airline, part of Richard Branson's Virgin Group Ltd., is based in Brussels and operates low-fare flights to London, Madrid, Nice and other destinations. Virgin Express shares were unchanged at 14.45 euros in Brussels.

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