The PM will be told by Virgin Atlantic bosses that the airline industry needs government aid worth up to £7.5bn, Sky News learns.
The latter request is significant because it reflects the growing belief among aviation bosses that the sector may not begin to stage a recovery until the autumn.
Mr Weiss has already agreed to take a pay cut for four months as part of efforts to cut costs as the industry adjusts to a brutal new reality. Mr Cruz warned of impending job cuts, although he declined to say in his message to employees how many would be affected. Other airlines, including Germany's Lufthansa, Norwegian and Air France-KLM, have suggested that they are likely to need financial support from their respective governments.
Restrictions in Italy, Poland and Spain have decimated more than half of Ryanair's business, while easyJet is expected to update the London Stock Exchange on the projected impact of the crisis on its finances early next week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigel Pearson criticises 'lack of leadership' from Boris Johnson on coronavirus – videoPearson said he was 'totally underwhelmed by the lack of leadership' from Boris Johnson on coronavirus
Read more »
Brexit transition period will not be extended amid coronavirus crisisA spokesman for Boris Johnson has completely ruled out the idea.
Read more »
Only 36% of Britons trust Boris Johnson on coronavirus, poll findsOpinium survey shows fear of nation – but finds just 53% are washing their hands more
Read more »
Nigel Pearson condemns Boris Johnson over 'lack of leadership' on coronavirusThe Watford manager Nigel Pearson said he was ‘totally underwhelmed’ by the prime minister’s handling of the coronavirus outbreak
Read more »
Boris Johnson could make U-turn on school closures within 'couple of weeks' warns expertBORIS JOHNSON could be set to change his mind on keeping schools open very soon according to British medical expert, who claims government plans don't go far enough.
Read more »
Boris Johnson says UK faces the 'worst public health crisis for a generation'Boris Johnson has called on Britons displaying symptoms of coronavirus to self-isolate for seven days, while warning that many will "lose loved ones before their time".
Read more »