PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 28th Oct 2020, 13:40
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Plastic787
 
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Paddingtonbear

At this point I think we’re requiring a miracle for Summer 21 to be in any way reminiscent of years gone by. The likelihood is that even if there is a successful vaccine in the coming weeks that is going to take months to distribute to the general population and, as a result, the quarantine restrictions that are crippling the industry are likely to be in place until well into next summer if not the entire year. In that case I think we’re looking at two possible scenarios and precious little in between; state intervention or bankruptcy. It’s that stark. Will Boris (or Gove/Rishi) want to begin “Global Britain” with the embarrassment of having no flag carrying airline and having to rely on Emirates, Qatar, Lufthansa and KLM to connect us to the wider world?
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