Edward Collis

Group Treasurer

Virgin Atlantic Airways, UK

Industry:
Airline
Annual turnover:
€3bn
Treasury staff:
8
Treasury structure:
Centralised
TMS:
Yes
Cross-border pooling:
Yes
Cash rich or debt:
Cash rich

Corporate profile

Virgin Atlantic Airways is a British airline owned by Sir Richard Branson’s Virgin Group (51%) and Singapore Airlines (49%). It operates between the United Kingdom and North America, the Caribbean, Africa, the Middle East, Asia, and Australia from its bases at London Gatwick Airport and London Heathrow Airport. In 2010 Virgin Atlantic carried 5.3 million passengers and is the recipient of numerous consumer and professional awards.