Like many other airlines, the IAG subsidiary British Airways is currently struggling to survive. Company boss Alex Cruz said on Wednesday in a committee of inquiry in the UK House of Commons that there were concerns about the further development of the winter season.
According to the Reuters he is said to have also quantified the scope of the deal. This is currently between 25 and 30 percent of regular activities. Every possible measure is therefore being taken “to ensure that we can actually survive this winter”. It is "the worst crisis British Airways has gone through in its 100-year history". According to Cruz, the airline he runs continues to struggle to survive.
There was considerable criticism of the downsizing from local politicians, and in particular from the trade unions. British Airways has so far parted with around 13.000 employees and has been able to negotiate many more cuts in salaries. A loss of around £ 20 million per day would be posted and therefore had no other choice, said the BA boss. The shareholders recently helped the parent company IAG with around 2,74 million euros. The United Kingdom only grants government-backed loans, but not extensive, billion-dollar rescue packages such as Germany and France.