1700 BA cabin crew members pushed out without parachutes.
BA posted record losses of £401m last year, and £148m for the first quarter this year. Its chief executive Willie Walsh says the airline, hit by the slump in business class travel, is in a “fight for survival”. The airline said it was making 1000 full-time cabin crew staff at Heathrow redundant, and had agreed to reduce the hours of 3000 more workers, equivalent to cutting 1700 full-time positions in total.
BA said in a statement today,
British Airways is currently not profitable and we expect to record a significant loss for the second consecutive year – the first time that has happened in our history. Revenues are down, so we must reduce costs to restore profitability. Without changes, we will lose more money with every month that passes. It is essential that we make ourselves more efficient if we are to ensure our long-term survival.
Total losses = 1700
Source: Guardian.co.uk
Source: BBC News
Wikipedia: British Airways
Show on mapDid you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically each day to your feed reader. Alternatively you can follow us on Twitter.
