PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 3rd May 2020, 11:23
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ILS27LEFT
 
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Many MPs have written to Alex Cruz and Willie Walsh for an explanation, MPs from all parties which is unprecedented.
At the present time no answer and no intention to meet Government reps or attend critical meetings by both leaders (e.g. the very important meeting, happening next week, with the Parliamentary Travel Committee, still ignored by BA).
During this crisis JRS must be applied and this will be extended as the Chancellor explained many times.
After the Crisis has ended will be a different story however Governments will still assist those sectors that will continue to struggle, e.g. aviation will very likely struggle for longer hence Governments' involvement will be unavoidable all across the world.
Due to the critical importance of a national carrier (in each country, not just the UK) I do not see any other solution rather than nationalization of BA in the long term. Even if BA will have to reduce in size one day, any restructuring, if handled by the UK government rather than millionaires CEOs, will be done in a much more gradual and fair way and only introduced once 100% proven by the data on air travel, data that must go beyond the short term forecasts which can be inaccurate anyway, a massive staff reduction plan is possibly avoidable if a long term perspective is adopted and only a government can adopt this "non greedy" approach.
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