By Tony Winterburn • Published: 16 Mar 2020 • 14:03
Sir Richard Branson Gets License For Commercial Space Flights
The airline industry is in for times, British Airways,Jet2, Easyjet, Norwegian Air and now Virgin have to concede the problem will only get worse as demand dives to an all-time low and governments all around the cap air travel in a bid to slow the spread of COVID-19.
Britain’s airline industry needs emergency government support worth up to £7.5bn to avert a catastrophe that would wipe out tens of thousands of jobs, Boris Johnson will be told next week.
Peter Norris, the chairman of Virgin Atlantic Airways’ majority shareholder, Virgin Group, will write to the prime minister today to warn that the sector needs immediate financial aid to survive.
The airline is one of many to have brought in drastic measures to cope with a fall in passenger demand, due to global travel restrictions and the reluctance to travel due to the disease.
Bosses said the cost would be spread over six months’ salary to “drastically reduce costs without job losses”.
In other coronavirus-related aviation news:
The World Travel and Tourism Council last week warned that up to 50 million jobs globally were at risk in the sector due to the COVID-19 pandemic.
It could be a sign of things to come…
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.