Crawley-based Virgin Atlantic is to lose around 500 support and managerial roles, which will be achieved through a combination of employees leaving, redeployment and redundancies.
Virgin say: "This programme will be handled in a way that provides the best possible support to all those that are impacted.These changes will take place over the next few months, with a target of completing the programme by the end of the year.
"Virgin Atlantic is aiming to reduce its non-fuel costs through focusing on driving efficiency and simplicity throughout all areas of the business whilst delivering an even better customer experience.
"This reduction will make the airline more competitive, ultimately ensuring it can continue to invest in the overall Virgin Atlantic experience, loved by its customers."
It's been a familiar sight at Heathrow for almost 50 years but it is now the end of the line for Terminal 1.
The building will now be re-developed as part of an £11bn upgrade of the airport.
To mark the occasion a party for staff and workers from years gone by.
Also on the guest list: our Transport Correspondent Mike Pearse. He spoke to former worker Keith Hayward and the last passengers to use the building.
Gatwick or Heathrow? Our Political Correspondent Phil Hornby discusses 'a horrible nettle to grasp'Read the full story ›
The Crawley MP Henry Smith - whose constituency includes Gatwick - says expanding Gatwick would be the wrong decision. He was speaking ahead of tomorrow's announcement by the Airports Commission.
The long-awaited recommendation on whether Heathrow or Gatwick should get a new runway will be made on Wednesday.Read the full story ›
For months now commuters from the South have endured overcrowding, delays and timetable changes on trains into London Bridge.
It's all because of the multi-billion pound redevelopment of the station. And the work will last for another three years.
But how is it going so far? Luke Hanrahan has been given an exclusive look behind the scenes..
Proposals for the controversial Silver Hill development in the centre of Winchester are to be discussed by the city council today.
Councillors will decide if a planning application for housing, offices and shops - originally approved in 2009 - can proceed. It consists of almost 300 new homes, offices, shops, a new bus station and car park.
Opponents said the plans would have a negative impact on the city's historic character.
There are 15,000 curry houses in Britain, but the industry is in crisis, say some restaurateurs. An immigration cap means some are struggling for staff.
Also, second generations of Bangladeshi immigrants are deciding to not work in the family business.
Now a conference has been held for leading industry members to swap ideas and get advice. Robert Murphy reports.
Thousands of NatWest and RBS customers in our region have been told that some payments are 'missing' from accounts.
Tax credits and salaries have not appeared as they should, according to complaints from angry customers on social media - with many now worried they will face late payment fees or charges for bills which should have been paid.
We are going along to local banks to chat to customers this morning,
He turned to crime to fund a lavish lifestyle. Tonight, though, he is behind bars. Accountant Johannes Franken siphoned off almost six million pounds from his employers - BMW Mini at Cowley, in Oxfordshire. He used it to buy luxury cars and a diving school in Mauritius. Divya Kohli reports on how an employee took his car maker bosses for a ride.