Virgin Atlantic plans 1,150 more job cuts after completing rescue deal

LONDON: Virgin Atlantic plans 1,150 more job cuts due to a slow recovery in demand, the airline said on Friday after completing a restructuring plan designed to keep it going through the coronavirus crisis.

The airline, which is 51% owned by Richard Branson’s Virgin Group and 49% by the U.S.’s Delta Air Lines Inc, has already cut more than 3,500 jobs to contend with the fallout from the pandemic, which has grounded planes and hammered demand for air travel.