Virgin Atlantic plans to cut 1,150 jobs after completing a restructuring plan designed to keep it going through the crisis
The airline, which had already announced around 3,500 job losses, completed the rescue deal with major shareholders and creditors on Friday after various court approvals.
Airlines across the world have been slashing jobs and seeking funds after the COVID-19 pandemic grounded most flights earlier this year and demand has been slow to recover amid continue restrictions in many countries. Unite called on the British government to support the aviation sector. Virgin Atlantic reached a private-only recapitalisation deal after the government said it had to exhaust such avenues before state backing was considered.
Transatlantic flying is 70% of Virgin Atlantic’s network, and the airline called on Britain to introduce virus tests at airports to replace its policy of travellers having to quarantine for 14 days from some countries, such as the United States.
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