PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 25th Jul 2020, 08:25
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777JRM
 
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polax52

Allegedly, IAG has about a year of liquidity (survival) if it did nothing.
Cargo and repatriation flights continue, and gradually people are flying again.
New route to Montego Bay announced.

If IAG became desperate, there would be a rights issue.
Also, Qatar have said they would inject more equity into IAG if necessary.
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