PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 29th Jul 2020, 14:13
  #1410 (permalink)  
kungfu panda
 
Join Date: May 2011
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Hard fact: Company losing £31m per day
Hard Fact: Summer passenger numbers/Recovery less than hoped
Hard Fact: Distribution of a Vaccine will not be before the end of Q1 2021
Hard Fact: BA has 5 months worth of Cash
Hard Fact: If successful a rights issue will raise £2.8B giving an additional 3 months cash

What do you mean, there are insufficient hard facts? Guesswork? The writing is on the wall, the same as it was with Norwegian.
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