Virgin Atlantic Implements Restructuring Of Senior Management And Names New Director Of Cargo

22nd May 2000

Following a top level managerial restructuring at Virgin Atlantic Airways, including the formation of a new Senior Management Group consisting of nine directors, the airline`s air cargo division, Virgin Atlantic Cargo, announced today that John Lloyd has been promoted to the newly created position of Director of Cargo. His new appointment was effective from May 1.

As one of the nine appointed directors, Lloyd now has worldwide responsibility for all of Virgin Atlantic Cargo`s activities. Prior to this role, Lloyd, who joined the airline in 1987, was General Manager Cargo. The cargo division, with annual revenues in the region of £125 million, employs over 570 dedicated personnel and accounts for some 135,000 tonnes of cargo flown on the carriers expanding route network.

Another key senior managerial appointment instigated by the airline this month was the elevation of Alan Chambers onto the Board of Virgin Atlantic Airways as Executive Director Cargo and Technical Services. Chambers has successfully headed up the airline`s cargo arm as Managing Director since its inception and formation in 1985. In his new role, Chambers has overall worldwide responsibility for cargo, engineering and flight operations.

Commented Alan Chambers on John Lloyd`s new appointment: “As a key member within our growing cargo team since he joined us in 1987, John has played a significant role in achieving our year on year success. His new promotion is thoroughly deserved and I feel confident that he will undertake his expanded duties with total dedication and professionalism”.




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