Virgin Atlantic starts digital health pass trials ahead of recovery

A Virgin Atlantic aircraft comes in to land at Heathrow airport in west London, Britain October 25, 2016. (REUTERS)
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Updated 27 March 2021
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Virgin Atlantic starts digital health pass trials ahead of recovery

  • IATA’s app is linked to several COVID-19 test providers so a passenger’s pre-departure test results appear directly on the app, he added. Britain is working on a report to say how and when travel can restart which will be published in early April

LONDON: UK-based carrier Virgin Atlantic said it had started digital health pass trials in a bid to show governments around the world that apps displaying COVID-19 test results and vaccine certificates can launch a travel recovery.
Virgin Atlantic said it would trial the International Air Transport Association’s (IATA) Travel Pass on its London to Barbados route from April 16. Barbados has said it will accept the pass at its border, one of the first countries to accept a digital pass instead of paper checks.
Britain’s strict ban on all but essential travel is due to lift on May 17, although renewed lockdowns and slow vaccine rollouts have raised the specter of another weak summer that could further batter airline balance sheets.
Virgin raised an extra £160 million ($220 million) in new financing earlier this month.

FASTFACTS

● Virgin Atlantic said it would trial the International Air Transport Association’s (IATA) Travel Pass on its London to Barbados route from April 16.

● Barbados has said it will accept the pass at its border, one of the first countries to accept a digital pass instead of paper checks.

● Virgin raised an extra £160 million in new financing earlier this month.

Airlines are hoping that the UK and other countries will approve the use of digital passes on apps, allowing travel to resume at scale. Without them airport checks on multiple paper forms will cause huge queues and could limit traveler numbers.
“Right now these border checks are fully paper-based, very lengthy. With a digital solution, the borders can flow better,” Virgin’s chief customer and operating officer Corneel Koster said in an interview.
IATA’s app is linked to several COVID-19 test providers so a passenger’s pre-departure test results appear directly on the app, he added.
Britain is working on a report to say how and when travel can restart which will be published in early April.
Virgin has asked the UK government if they would trial use of the IATA app at the border for return flights from Barbados into London Heathrow.
“Technology is moving fast and global standards are developing fast on this front, therefore trialing a leading solution like this would be the way to go,” said Koster.


Aramco stock gains about 14% year to date as earnings back higher dividend

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Aramco stock gains about 14% year to date as earnings back higher dividend

RIYADH: Shares of Saudi Aramco rose in early trading on the Saudi Exchange after the energy giant reported strong cash generation and higher shareholder returns for 2025, with the stock opening at SR25.92 and climbing to an intraday high of SR25.98. 

The company’s shares have gained about 13.8 percent year to date, supported by investor confidence in its dividend outlook and resilient energy earnings.

Aramco reported adjusted net income of $104.7 billion for 2025, while net income stood at $93.39 billion, compared with $106.25 billion a year earlier, as lower crude prices weighed on revenue despite higher sales volumes across oil, gas and refined products. 

Operating cash flow reached $136.2 billion, with free cash flow at $85.4 billion, underscoring the company’s continued ability to fund shareholder returns and strategic investments.

The board declared a fourth-quarter base dividend of $21.89 billion, up 3.5 percent year on year, marking the fourth consecutive annual increase, and announced a share buyback program of up to $3 billion over 18 months. Total shareholder distributions for 2025 reached $85.5 billion.