Support 100 years of independent journalism.

  1. Science & Tech
  2. Coronavirus
28 April 2020updated 06 Oct 2020 9:45am

British Airways to make up to 12,000 staff redundant

By Samuel Horti

British Airways owner International Airlines Group (IAG) will cut up to 12,000 jobs, it announced today.

It follows a 13 per cent drop in revenue in the first quarter of 2020.

IAG said: 

In light of the impact of Covid-19 on current operations and the expectation that the recovery of passenger demand to 2019 levels will take several years, British Airways is formally notifying its trade unions about a proposed restructuring and redundancy programme.

The proposals remain subject to consultation but it is likely that they will affect most of British Airways’ employees and may result in the redundancy of up to 12,000 of them.

Sign up for The New Statesman’s newsletters Tick the boxes of the newsletters you would like to receive. Quick and essential guide to domestic and global politics from the New Statesman's politics team. The New Statesman’s global affairs newsletter, every Monday and Friday. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. A handy, three-minute glance at the week ahead in companies, markets, regulation and investment, landing in your inbox every Monday morning. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.

As previously announced, British Airways has availed itself of the UK’s Covid-19 job retention scheme and furloughed 22,626 employees in April.

Content from our partners
How do we secure the hybrid office?
How do we secure the hybrid office?
Citrix
How materials innovation can help achieve net zero and level-up the UK
How materials innovation can help achieve net zero and level-up the UK
Spotlight
Fantastic mental well-being strategies and where to find them
Fantastic mental well-being strategies and where to find them
Paul Murray