British Airways is on course to make up to 12,000 workers redundant following a collapse in global travel due to the coronavirus crisis.
The airline’s parent company IAG said a restructuring and redundancy programme, that would primarily affect BA, was being put to trade unions.
It reflected, the company said, group operating losses of €535m during the first quarter of the year – most of which were linked to BA.
IAG said it expected the situation to deteriorate in the current second quarter – with disruption to travel demand expected to last several years.