VIRGIN Atlantic said it stands to loose around R60-million in the first year of operating once-a-week flights from London to Cape Town. Richard Branson told a media conference in Cape Town that although the flights are 65% booked, Virgin will lose money because of the once-a-week restriction. He said four flights a week are necessary for the airline to make a profit. He said he hoped government will expand its license, and that Virgin accepted the once-a-week offer to get a foot in the door.