Just been announced that Air France-KLM group will acquire the UK's Virgin Group 31% stake in Virgin Atlantic for £220mil, ending British ownership of stake. Meaning Richard Branson has give up control of his baby.
Members of the Professional Pilots' Union (PPU) have voted to strike. Virgin does not recognise this union. It deals with the British Airline Pilots' Association (BALPA) in its discussions on pilots' conditions of service. The PPU is demanding a place at the table.
The PPU represents about a third of Virgin's pilots.
With no doubt BALPA standing foursquare behind the Virgin management. AFAIK this is a bit of a `Home Grown` type jobbie. It doesnt appear to have any other union or TUC affiliation and in reality is a staff association rather than a Union in the recognised sense. You get the impression that Virgin management don`t take it seriously. I`d put money on most of their members also remaining members of Balpa. I wouldnt expect any flight cancellations