Coronavirus: Virgin Atlantic cuts over 3,000 jobs on impact

LONDON - Virgin Atlantic will cut over 3,000 jobs - around a third of staff - as the coronavirus pandemic grounds planes worldwide, the British carrier part-owned by tycoon Richard Branson announced on Tuesday .

"In order for the airline to emerge from the crisis, regrettably it must reduce the number of people employed and today the company is announcing a planned reduction of 3,150 jobs across all functions," a Virgin Atlantic statement said."After 9/11 and the global financial crisis, we took similar painful measures, but fortunately many members of our team were back flying with us within a couple of years.

Virgin said it would restructure company operations as a result of the job losses, including pausing flights in and out of London's Gatwick airport. The announcements come around two weeks after Branson warned that Virgin Atlantic would collapse unless it received financial aid from the British government to weather the coronavirus crisis.British no-frills airline EasyJet recently secured a £600-million loan from the British government, which is dealing with airlines on a case-by-case basis rather than heeding Virgin's demand for a multi-billion-pound state-funded pot for the entire UK airline sector.

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