VIRGIN ATLANTIC made a pre-tax profit for the year ended April 2003 of ”15.7m ” a turnaround of ”108.3m compared with the previous year. The results cover the activities of the airline and its holidays and cargo operations. The Virgin Group has also confirmed that its US discount airline would be launched by June 2004 in a bid to rival the current players JetBlue and Southwest. And in a cheeky move the airline has offered to accept ”80 British Airways vouchers given to passengers affected by the recent flight chaos ” plus an additional ”20 discount. http://www.virgin-atlantic.com