Virgin Atlantic CEO: Tech layoffs will impact airline industry

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Virgin Atlantic CEO Shai Weiss noted that layoffs in the tech sector have an impact on the travel industry. He still contends that the corporate traveler will fully return in 2023.

– flies to San Francisco, Seattle and Austin, Texas, which "are high conurbation areas for technology companies." it will impact the travel industry more broadly," Weiss, who took over in 2019, continued.

Still, the chief executive's expectation that corporate travelers will return in full scope by year's end hasn't wavered. Shai Weiss, chief executive office of Virgin Atlantic Airways Ltd., at the World Aviation Festival in London, U.K., Dec. 1, 2021.

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