PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 9th Jun 2020, 13:40
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777JRM
 
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Originally Posted by Jet II
The question is not whether it is fair or not that CC on £75k a year (or even FC on £200k) are being told to take a pay cut, it is what are affordable pay levels gong forward in the new reality. If it is a future of lower yields due to social distancing, less PAX numbers overall and the competition paying lower wages due to a glut of pilots and CC on the market, then to remain in business (and BA needs to be a profitable business) massive restructuring is going to be needed in all areas - including remuneration.

Whatever one thinks of the pay levels, these employee costs were there when IAG made MASSIVE PROFITS.

There is no cost ‘problem’: IAG’s problem is REVENUE.
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