PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 30th Oct 2020, 15:19
  #1972 (permalink)  
Maxfli
 
Join Date: May 1999
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Bailing out Spanish & Irish jobs

Bombardierguy

I am intrigued as to how the UK Governments decision to extend IAG a guarantee for a £300m loan constitutes;
a) UK Taxpayers money
b) Bailing out Spanish & Irish jobs

The Spanish Government has committed 3 times as much.
https://www.paddleyourownkanoo.com/2...sh-government/

Staff in other airlines in the group have also suffered redundancies, accepted more onerous terms along with paycuts of 50% to 70%

More Bad News on the way......
https://uk.news.yahoo.com/ba-owner-s...?.tsrc=applewf
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