According to CoinMeta, Virgin Atlantic is reducing its capacity in order to cope with the pressures of rising oil prices and weak demand. In an interview on Wednesday, CEO Corneel Koster stated that due to increased fuel costs and decreased winter flight demand, the company's actual capacity this winter will be about 8% less than originally planned. Koster mentioned that Virgin Atlantic's aviation fuel expenses next year will increase by several hundred million pounds. Rising oil prices are forcing many airlines around the world to lower their annual performance forecasts, while others are taking comprehensive cost-cutting measures. Koster said that Virgin Atlantic has begun to improve the efficiency of its back-office operations, such as using artificial intelligence to speed up certain business processes. Other airlines are also taking similar steps. Virgin Atlantic's parent company, International Airlines Group, has abandoned some of its annual growth plans, and Ryanair is planning to significantly cut costs after its after-tax profit declined by 15% in the first half of the fiscal year. American Airlines Group once again lowered its annual performance forecast in October, while United Airlines Holdings expects profits in the last three months of 2026 to be below market expectations.