The new Chief Executive of Virgin Atlantic, who lives near Ashford, Kent, has said he will have to freeze staff pay in order to control losses.
Craig Kreeger has previously spent 27 years with rival American Airlines and will replace Steve Ridgway who retired earlier this year.
The 9,000 staff at Virgin are mostly based at Heathrow and Gatwick will face a pay freeze because of rising fuel costs.
Mr Kreeger has praised worker for their dedication to the company at a difficult time and says high quality services is still a top priority.
More top news
The latest weather for the east with Philippa
The latest weather for the west with Philippa
A group of divers have commemorated one century since the end of World War One by hanging a plaque on the bow of a shipwreck off Shoreham.