Shai Weiss

3 results

Business travel is a lucrative segment of the airline market.

Virgin Atlantic’s chief executive is planning for a long-term reduction in business travel, in one of the clearest warnings yet on the hit to this par(...)

The UK carrier, founded and controlled by billionaire Richard Branson, has already secured backing from three creditor classes and is now seeking approval from the fourth. File photograph: The Irish Times

Virgin Atlantic’s trade creditors voted on Tuesday in favour of a £1.2 billion (€1.3 billion) rescue plan, moving the airline a step closer to complet(...)

 A Virgin Atlantic  aircraft  landing  at Heathrow airport in England. The airline  plans to cut 3,150 jobs and move its London Gatwick operations to the bigger Heathrow. Photograph:   Steve Parsons/PA Wire

British airline Virgin Atlantic plans to cut 3,150 jobs and move its London Gatwick operations to the bigger Heathrow airport, it said on Tuesday, as (...)