BA needs to retain at least 4 months operating capital or the CAA has ever right to pull its licence to operate.
BA is like any other business it can go under. Look at Rover, Woolworths.
BA is trying to be run with a low cost frame of mind and make it work on a full service airline not possible. Yes cut your cost base, but also look at way to improve your revenue stream and generate positive cash flow in the business.
Other airlines are profiting from the problems at BA. I see customers come past me saying they are unsure of BA and what is happening. It’s the negative headlines with the unions and Walsh banging their drums. Talk about talking an airline down.