Virgin Atlantic has said that it is to cut 500 management and support jobs as part of a programme to streamline the airline’s structure. Although the locations of the job losses haven’t been disclosed, the carrier said that the cuts will be made through redundancies and re-deployment and will not impact frontline staff dealing with customers.

Craig Kreeger, the airline's chief executive, said: "To truly position Virgin Atlantic for long-term and sustained success, we need to be a more efficient and agile organisation that has the ability to invest even more in the areas that make Virgin Atlantic's customer experience unique.

"As a people-oriented business, these are extremely tough decisions to take, but we know they are necessary," he added.