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IAG: BA restructuring may cost 12,000 jobs
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29th Jul 2020, 19:24
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Walnut
Join Date: Jan 2006
Location: Cyprus
Age: 76
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It’s been asked why I believe IAG will not survive Brexit.
At the moment it is an amalgamation of 4 airlines 2 Spanish 1 Irish I British. As such with the British separation then it will be impossible to apportion shares of two different trading regimes.
EU slots are freely exchanged at the moment, When the U.K. leaves slots will become national, after all that is what is being discussed Re fishing rights, with no apparent agreement
So you have 3 airlines in the EU orbit and one standing outside Impossible to reconcile
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Walnut
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