March 14, 2020 / 10:06 PM / 24 days ago

Virgin Atlantic boss seeks 7.5 billion-pound UK airline bailout - Sky News

FILE PHOTO: A Virgin Atlantic Airbus comes in to land at Heathrow aiport in London, Britain, June 25, 2018. REUTERS/Toby Melville

(Reuters) - Virgin Atlantic's chairman Peter Norris will write to British Prime Minister Boris Johnson on Monday saying the country's airline industry needs emergency government support worth 7.5 billion pounds or risks the loss of tens of thousands of jobs, Sky News reported bit.ly/3a2PDEF on Saturday.

The letter would ask the British government to provide airlines with a credit facility to help them through a potentially prolonged period of slumping revenue amid the coronavirus pandemic, Sky News said, citing sources.

Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Alistair Bell

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below