Global Analysis from the European Perspective. Preparing for the world of tomorrow

British Airways to cut up to 12,000 jobs in wake of record loss

British Airways is to axe as many as 12,000 jobs after plunging to its worst ever quarterly loss and admitting air travel will take years to recover from a global collapse.

The firm’s parent company said that the coronavirus pandemic and tough quarantine rules around the world will cause long-term changes in the industry. The cuts amount to more than a quarter of the airline’s 45,000-strong workforce. Source The Telegraph

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