Virgin Atlantic to cut another 1,000 jobs as Ryanair taps investors for E400m
Virgin Atlantic Airways is expected to slash another 1,000 jobs today as part of its GBP1.2b rescue deal, as the airline sector continues to reel from the coronavirus pandemic. It comes as Ryanair last night sought to raise E400m from investors to bolster its finances ahead of the traditionally loss-making winter months. The airline already axed 3,150 roles less than four months ago, as well as the closure of its Gatwick Airport base. The fresh cuts would mean that Virgin Atlantic’s pre-pandemic workforce level of around 10,000 staff has now halved. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-09-04/unaligned/virgin-atlantic-to-cut-another-1-000-jobs-as-ryanair-taps-investors-for-e400m
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Virgin Atlantic to cut another 1,000 jobs as Ryanair taps investors for E400m
Virgin Atlantic Airways is expected to slash another 1,000 jobs today as part of its GBP1.2b rescue deal, as the airline sector continues to reel from the coronavirus pandemic. It comes as Ryanair last night sought to raise E400m from investors to bolster its finances ahead of the traditionally loss-making winter months. The airline already axed 3,150 roles less than four months ago, as well as the closure of its Gatwick Airport base. The fresh cuts would mean that Virgin Atlantic’s pre-pandemic workforce level of around 10,000 staff has now halved. <br/>
