{"id":102850,"date":"2020-11-11T21:51:31","date_gmt":"2020-11-11T21:51:31","guid":{"rendered":"https:\/?p=102850"},"modified":"2020-11-11T21:51:35","modified_gmt":"2020-11-11T21:51:35","slug":"virgin-atlantic-says-it-can-survive-worsening-travel-outlook","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2020\/11\/virgin-atlantic-says-it-can-survive-worsening-travel-outlook.html","title":{"rendered":"Virgin Atlantic says it can survive worsening travel outlook."},"content":{"rendered":"\n<p><strong>Virgin Atlantic\u2019s<\/strong> 1.2 billion pound ($1.6 billion) rescue deal two months ago means the airline can survive even if the travel situation worsens, its chief executive told an airline industry event on Wednesday.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"https:\/en\/2020\/11\/icao-could-ban-pakistani-airlines-from-operating-in-188-countries.html\">ICAO could ban Pakistani airlines from operating in 188 countries.<\/a><\/p>\n\n\n\n<p>International travel remains at very low levels and a surge of coronavirus cases in the last two months has prompted further restrictions, dealing Virgin a new blow just after it stabilised its financial position in September, <a href=\"https:\/\/uk.reuters.com\/article\/health-coronavirus-virgin-atlantic\/update-1-virgin-atlantic-says-it-can-survive-worsening-travel-outlook-idUKL8N2HX3BQ\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Reuters<\/a> reported.<\/p>\n\n\n\n<p>CEO Shai Weiss said Virgin would survive and that its downside case was for normalised UK to U.S. travel to resume next spring.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"https:\/en\/2020\/11\/singapore-air-seeks-liquidity-after-suffering-record-loss.html\">Singapore Air Seeks Liquidity After Suffering Record Loss.<\/a><\/p>\n\n\n\n<p>\u201cThe recapitalisation, with the support of our shareholders and new investors and everything that I\u2019ve mentioned, should see us through, even under more strenuous positions,\u201d he told an online conference.<\/p>\n\n\n\n<p>Virgin has cut costs by 335 million pounds this year, Weiss said. It has announced 4,650 job losses during the pandemic, halving its workforce, and shrunk its fleet.<\/p>\n\n\n\n<p>Weiss called on the UK government to change its rules quickly so that passenger testing shortens a 14-day quarantine required for arrivals from most countries. The government has said it is making progress with the plan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Related Topics<\/h2>\n\n\n\n\t\t\t<div class=\"wp-block-uagb-post-grid uagb-post-grid  uagb-post__image-position-top uagb-post__image-enabled uagb-block-66abb703     uagb-post__items uagb-post__columns-2 is-grid uagb-post__columns-tablet-2 uagb-post__columns-mobile-1 uagb-post__equal-height\" data-total=\"200\" style=\"\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/aviacionaldia.com\/en\/2026\/04\/indigo-boosts-international-expansion-second-airbus-a321xlr-deployed-on-delhi-istanbul-route.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\" class='uagb-image-ratio-inherit'><img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/aviacionaldia.com\/wp-content\/uploads\/2026\/04\/IndiGo-Airbus-A321XLR.webp\" class=\"attachment-large size-large\" alt=\"\" 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href=\"https:\/\/aviacionaldia.com\/en\/2026\/03\/willie-walsh-to-take-helm-at-indigo-a-heavyweight-leader-for-indias-largest-airline.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Read More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t","protected":false},"excerpt":{"rendered":"Virgin Atlantic\u2019s 1.2 billion pound ($1.6 billion) rescue deal two months ago means the airline can survive even&hellip;\n","protected":false},"author":1,"featured_media":99112,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[15,1],"tags":[230,269,300],"class_list":{"0":"post-102850","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aerolineas","8":"category-airlines","9":"tag-airline","10":"tag-europe","11":"tag-virgin-atlantic"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",80,40,false],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",300,150,false],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/08\/Virgin-Atlantic-A320.jpg",800,400,false]},"uagb_author_info":{"display_name":"Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/admin"},"uagb_comment_info":0,"uagb_excerpt":"Virgin Atlantic\u2019s 1.2 billion pound ($1.6 billion) rescue deal two months ago means the airline can survive even&hellip;","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/102850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=102850"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/102850\/revisions"}],"predecessor-version":[{"id":102851,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/102850\/revisions\/102851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/99112"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=102850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=102850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=102850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}