Apr 28, 2020

Coronavirus: British Airways to cut up to 12,000 jobs

British Airways is set to cut up to 12,000 jobs as it deals with a collapse in business because of the coronavirus pandemic. The airline's parent company, IAG, said it needed to impose a "Restructuring and redundancy programme" until demand for air travel returns to 2019 levels. IAG also owns Spanish airline Iberia and Ireland's Aer Lingus. The company said it will take several years for air travel to return to pre-virus levels, and warning that has been echoed by airlines across the world. Sir Richard Branson has appealed to the government to help bail out his Virgin Atlantic airline with a loan thought to be up to £500m. "Alongside IAG's statement, BA chief executive Alex Cruz wrote in a letter to staff:"In the last few weeks, the outlook for the aviation industry has worsened further and we must take action now.

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