The Sunday Times has reported that Richard Bransonâ€™s airline faces record loss. Virgin Atlantic is facing record annual losses of Â£135m, raising fears of job cuts at the airline founded by Sir Richard Branson, the paper reports. An internal memo sent by the airlineâ€™s new chief executive, Craig Kreeger, warned that its financial performance is â€œwell behind where we anticipatedâ€. Ballooning fuel costs and increased competition on transatlantic services are blamed for the losses, which follow a Â£80.2m deficit last year. So.. anyone worried or do we feel virgin will pull through?