Virgin Atlantic to cut 1,150 more jobs as it completes £1.2bn bailout
Virgin Atlantic plans to cut another 1,150 jobs and has completed its £1.2 billion rescue deal, the airline said.
The announcement comes less than four months after the carrier axed 3,150 roles and ended its operations at Gatwick Airport.
Chief executive Shai Weiss said: “After the sacrifices so many of our people have made, further reducing the number of people we employ is heart-breaking but essential for survival.
“I truly hope that, as demand returns, we will see many members of our team returning to us.”