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British Airways to consult on 12,000 job cuts

British Airways to consult on 12,000 job cuts

28 April 2020 Airline News

British Airways has begun discussions with unions over as many as 12,000 job cuts at the airline. The proposed restructuring and redundancy programme is necessary as demand for travel is unlikely to reach levels seen in 2019 for several years, the airline said.

British Airways confirms staff furlough

British Airways confirms staff furlough

2 April 2020 Airline News

British Airways is making use of the Covid-19 job retention scheme on offer in the UK, with as many as 30,00 staff set to be furloughed. Under this scheme, employees will receive 80 per cent of their base pay and of certain allowances.

Profits fall at IAG as coronavirus battle continues

Profits fall at IAG as coronavirus battle continues

28 February 2020 Airline News

International Airlines Group has seen operating profit before exceptional items fall 5.7 per cent, to €3,285 million, for the year to December 31st. The group said it was currently unable to offer guidance on its 2020 financial performance as a result of the spreading coronavirus.