Billionaire entrepreneur Sir Richard Branson has been criticized by a U. K. politician for Virgin Atlantic’s request on Monday for staff to take eight weeks unpaid leave during the coronavirus pandemic.
This Week’s Biggest Losers: Bezos, Musk, Arnault And 7 Other Billionaires Are Down $76 Billion Despite Rebound On Friday
Adding, “Staff will be asked to take eight weeks unpaid leave over the next three months, with the cost spread over six months' salary, to drastically reduce costs without job losses.” The airline confirms its decision has received the support of unions BALPA and UNITE in agreeing to the unpaid leave.
On March 14 the Virgin Voyages cruise ship operation decided to postpone the launch of its new Scarlet Lady cruise line. “The current global health crisis is understandably making many people rethink upcoming travel plans,” Virgin Voyages confirmed in a statement. Following the announcement of Flybe’s collapse, Virgin Atlantic said: “Sadly, despite the efforts of all involved to turn the airline around, not least the people of Flybe, the impact of Covid-19 on Flybe’s trading means that the consortium can no longer commit to continued financial support.”
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