Sep 26, 2019
British Airways owner IAG says strikes cost £121m
British Airways owner IAG says the strikes called by pilots in a dispute over pay and conditions have cost it at least €137m. As a result of the two-day strike by pilots on 9 and 10 September, IAG said a total of 2,325 flights had been cancelled. There have been no further talks between BA and Balpa, and more strike action will hit profit, IAG said. IAG took a €33m hit over threatened strikes at Heathrow Airport. Overall, IAG expects its operating profit for this year to be €215m lower than in 2018.
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