British Airways Abruptly Replaces Its Chief Executive - News Summed Up

British Airways Abruptly Replaces Its Chief Executive


British Airways has said it will cut 13,000 jobs as the coronavirus pandemic batters the airline industry. and chairman of British Airways, will step down from his role as chief executive immediately, the airline’s parent company, IAG, said. The sudden change in management comes as British Airways, like much of the rest of the travel industry, is urgently trying to stay afloat. The spread of the coronavirus and ensuing travel restrictions have hit airlines, especially long-haul carriers, hard. It said it planned to fly even less for the rest of this year and next year than it had previously forecast.


Source: New York Times October 12, 2020 08:48 UTC



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