Virgin Altlantic (VS/VIR) is to cut 1,150 more jobs as its £1.2bn rescue plan gets approved.
The airline has already made significant with 3,500 jobs lost from its 10,000 strong workforce already.
Virgin is being hit by uncertainty in the Transatlantic Market, which is its core business, and part of the rescue plan will see it focus business elsewhere such as with its new routes to Pakistan.
A 45-day consultation process will now begin with employee representatives and unions and the airline said it is already planning to minimise crew cuts by funding an extension to the government furlough scheme for up to 600 crew members.
The British Airline Pilots Association (BALPA) said: “Every single job lost to this crisis is a tragedy and we are doing everything we can to mitigate job losses across the board,”
BALPA General Secretary Brian Strutton added: “Despite no help from the government, their financing is now secure,”
