Media reports, unconfirmed by the airline, have stated that Virgin Atlantic is heading for record losses of as much as £135 million. The loss may results in job cuts and pay freezes although the airline has already instigated a series of measures to cut costs after it posted a £80 million loss las...
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CONGLOMERATE AIRLINE EXPECTED TO BE FORMED IN THE ISLANDS
By
Dino D'Amore
20th January 2011