Virgin Atlantic ready to lay off another thousand employees
Carrier's rescue plan has just been approved
Unfortunately, the bailout did not overshadow the layoffs: airline Virgin Atlantic has just received the green light from the High Court of London regarding the 1.2 billion pounds guaranteed last week (read also the article published by AVIONEWS), but has to deal with other urgencies. As reported in these hours by British media, carrier founded by Richard Branson could lay off another 1,000 employees, a measure that should be confirmed by the end of this week.
In recent months there had been heavy cuts in staff that did not predict something good. In May, for example, this airline had made it known that it wanted to address the health emergency and the crisis triggered by the coronavirus with more than three thousand layoffs. Meanwhile, Virgin Australia's creditors approved the sale of the company that references Virgin Atlantic itself. New owner responds to the name of Bain Capital, an American investment company: also in this case, the employment issue is crucial, with three thousand redundancies that characterize the agreement for the relaunch.
AVIONEWS - World Aeronautical Press Agency