Virgin Atlantic and Ryanair cut close to 800 jobs
Richard Branson’s Virgin Atlantic Airways and the infamous discount carrier Ryanair Holdings will cut as many as 800 jobs as the recession curbs the demand for travel.
Virgin may eliminate 600 posts across its business, the company said in a statement today. Ryanair said it will cut 200 jobs at its Dublin base, seek pay cuts from workers and remove four planes from their fleet.
Steve Ridgway, Virgin’s chief executive officer, said the airline needs to reduce headcount in order to “stay healthy” until economies revive. Ryanair counterpart Michael O’Leary blamed Ireland’s introduction of a new tourist tax from April for exacerbating the slump in demand.
Karen
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Qatar Airways offers flexible payment options for European travellers
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
In Italy, the Meloni government congratulates itself for its tourism achievements