PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 28th Oct 2020, 10:39
  #1948 (permalink)  
Paddingtonbear
 
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I can't see more redundancies at the moment but the longer we go on without a successful vaccine the more damage is being done to BA.

BA can't afford to send heavies across the Atlantic with 15 people onboard for that much longer. The reality is that this situation, 8 months in now is only getting worst. £5bn/£6bn liquidity in a group employing what, 100k people in this decimated industry won't last that much longer.

BA want their cake and they want to eat it. They won't want any more pilots off their books if they can afford it but they will not want to pay the pilots for sitting idle at home for too much longer. Something has to give and they will soon need to strategically rethink this.
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