• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Virgin Atlantic to cut 3,150 jobs and end Gatwick flights

Founder Sir Richard Branson recently warned the carrier will collapse unless it receives Government support.

Joe Mellor by Joe Mellor
2020-05-05 15:43
in News
Credit;PA

Credit;PA

FacebookTwitterLinkedinEmailWhatsapp

Virgin Atlantic has announced plans to cut more than 3,000 jobs and end its operation at Gatwick.

The airline said it will reduce its workforce by 3,150 people – equivalent to more than a 30% cut.

Flights from Gatwick – closed due to the collapse in demand caused by the coronavirus pandemic – will not restart. Some routes will be switched to Heathrow.

Chief executive Shai Weiss said the carrier must take steps to “reduce our costs, preserve cash and to protect as many jobs as possible”.

Number of people we employ

He added: “I wish it was not the case, but we will have to reduce the number of people we employ.”

The airline said talks with the Government about additional funding during the lockdown “are ongoing”.

Founder Sir Richard Branson recently warned the carrier will collapse unless it receives Government support.

RelatedPosts

Watch: Parody of MPs ‘defence’ of PM’s latest party pic is going viral

PM braced for criticism as Sue Gray report finally published while Mirror have ANOTHER party pic

Reactions as Peter Bone calls PM ‘honest man’ because ‘he did Brexit’

America has now had almost 200 mass shootings…. in 2022!

Sir Richard Branson
Sir Richard Branson (Virgin Trains/PA)

Prime Minister Boris Johnson’s official spokesman said: “We continue to work closely with the sector and are willing to consider the situation of individual firms once all other Government schemes and commercial options have been explored, including raising capital from existing investors.”

Rival airline British Airways announced last week that it was planning to cut 12,000 jobs.

Shocked

Brian Strutton, general secretary of pilots’ union Balpa, said: “Our members and all staff in Virgin Atlantic will be shocked by the scale of this bombshell. We will be challenging Virgin very hard to justify this.

“Why is the Government sitting on its hands while aviation plunges further towards a death spiral?

“Government should call a moratorium on job losses in aviation and lead a planned recovery.”

Virgin Atlantic also announced it will not return to using its seven Boeing 747-400 aircraft, which have four engines.

By 2022 it will operate a “simplified, greener fleet” of 36 twin-engine aircraft, which are more fuel efficient.

Meanwhile 15% of the retail estate used by Virgin Holidays will close this year, and the travel firm will be renamed Virgin Atlantic Holidays.

Related – Richard Branson reminded of comments as Virgin appeals for government support

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

I won’t be Boris Johnson’s coronavirus guinea pig – Frenchman who fled London

Would you want to be treated for healthcare in the UK or US?

London Mayor says capital won’t “roll out red carpet” for Trump

Praying mantis that eats wild fish has been discovered for first time

Rooftop Bars? I’m Staying Grounded

Quit your job and travel the world like… Lois Pryce

Plants can tell the time of day… just like animals

Latitude Festival Line-Up Additions Announced

Cyclists chafe at bum deal on Brexit bike saddles

Apple admits to slowing down old models of iPhone so you have to buy another

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.