PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 6th Jun 2020, 11:42
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ILS27LEFT
 
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Originally Posted by Phantom4
From IAG memo.
ReAcquistion of Air Europa.
‘Transfers IAGs Madrid hub into a true rival to Europe’s four largest hubs,Amsterdam,Frankfurt London Heathrow
and Paris Charles De Gaulle.
Reestablishes IAG as a leader in the highly attractive Europe to Latin America and Caribbean market.’

Spanish Practice erosion of British Airways
So IAG, which is the Spanish owner of the UK national carrier BA, is investing money to make MAD a true rival of LHR (which means IB, Vueling etc vs BA). It is all pretty clear.
Is the UK government going to allow this?
Does the UK Gov want to protect the UK economy and UK jobs?

I genuinely believe the UK Gov needs to move quickly to avoid permanent damage to the flag carrier and therefore to the UK Economy.
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