PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 8th Aug 2020, 15:34
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Walnut
 
Join Date: Jan 2006
Location: Cyprus
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I think before you bid guys I suggest you read the prospectus for the €2.75B rights issue.
There is no issue price yet but there is a major section on fleet adjustments!
One thing that stands out it states 53 L/H a/c are to depart by the of 2020 ie another 23 a/c over and above the 744. It also mentions there is a possibility that early leases may be terminated
What it means I am not sure as it does apply to the whole group not just BA
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