British Airways is discussing with its union about a plan to withdraw around 32,000 employees so it may well survive the coronavirus pandemic, a person aware of the situation stated.
The British flag carrier has massively cut flights and warned it would need to slash costs, whether it is to survive an emergency that has battered the worldwide aviation industry.
Managed by IAG, BA has already suspended flights from Britain’s second busiest airport, Gatwick, and London’s City Airport. Its parent firm has stated flying capacity can be down 75% in April and May.
It has been in discussions with the Unite union for a week to agree on a plan that will allow it to suspend employees along with cabin crew, floor staff, engineers and those in head office without having to make them redundant.
It has indeed agreed on new terms with its pilots the place they will take two weeks’ unpaid leave in April and May.
With planes unable to fly due to travel bans, compounded by a plunge in demand over fears of contagion, airlines around the world have grounded most of their fleets, and lots of have stated they need government help to survive.
Data agency OAG stated the aviation trade was less than half the size it was in mid-January before nations began confirming coronavirus cases outside China.