Sunday, April 21

Day: September 4, 2020

Virgin Atlantic to cut 1,150 jobs
Featured, United Kingdom

Virgin Atlantic to cut 1,150 jobs

    Virgin Atlantic warned it was still fighting for survival on Friday as it announced plans to cut more than 1,000 jobs following the successful completion of its £1.2bn private sector rescue deal. Shai Weiss, chief executive, told the Financial Times that the airline was absolutely still in a battle to secure its future as the entire aviation industry reels from the impact of Covid-19. Anyone operating in aviation and tourism around the world is still fighting for survival, Mr Weiss said as he urged the UK and US to work together to reopen the transatlantic market for passenger flights. The airline said it would shed 1,150 jobs across all parts of its business on top of the 3,150 job cuts announced in May, leaving it with a little over half of the 10,000 staff it ha...