"Last week saw a rapid acceleration of the impact of COVID-19 on global aviation and tourism," Virgin Atlantic warned in a statement.
The airline's chief executive officer Johan Lundgren said"European aviation faces a precarious future," and called for government backing if the industry is to survive. A management shake-up had also been put on hold, noting that Willie Walsh, who was due to step down on March 26, would remain as IAG's chief executive.
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