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(Adds BALPA union statement)By Laurence Frost and Josephine MasonPARIS, April 30 (Reuters) - British Airways is seeking to lay off a quarter of its pilots as it slashes costs to weather the coronavirus crisis, according to a letter sent to their u...
Read more(Adds details, background)PARIS, April 30 (Reuters) - British Airways is seeking to lay off a quarter of its pilots as it slashes costs to weather the coronavirus crisis, according to a letter sent to their union and seen by Reuters.BA intends to ...
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UK Earnings, Trading Statements Calendar - Next 7 Days
Read morePARIS, April 30 (Reuters) - British Airways is seeking to cut pilot numbers by a quarter as it slashes costs to weather the coronavirus crisis, according to a letter sent to union leaders and seen by Reuters.Under the plan, BA would cut 1,130 capt...
Read moreUK BROKER RATINGS SUMMARY: ODDO BHF Cuts IAG To Neutral From Buy
Read moreLONDON BRIEFING: Shell Cuts Dividend As Earnings Drop Almost 50%
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(Sharecast News) - Planemaker Airbus warned on Wednesday that the recovery in the aviation industry from the coronavirus crisis may take up to 5 years time as airlines turn to layoffs and pay reductions as they fight for survival.
Read more(Adds detail)LONDON/PARIS, April 29 (Reuters) - British Airways is planning a major overhaul of its cabin crew that will "significantly reduce" their numbers, an internal memo circulated on Wednesday showed, after parent IAG moved to cut as many ...
Read more(Adds details on state aid, background)By Arno Schuetze, John Miller and Alexandra Schwarz-GoerlichFRANKFURT/ZURICH/VIENNA, April 29 (Reuters) - Switzerland and Austria pledged to help Lufthansa with state-backed loans as the German airline pursues...
Read moreLONDON/PARIS, April 29 (Reuters) - British Airways is planning a major overhaul of its cabin crew that will "significantly reduce" their numbers, according to an internal memo circulated on Wednesday, after parent IAG moved to cut as many as 12,0...
Read more(Adds details on staff memo, union comment)By Sarah YoungLONDON, April 29 (Reuters) - A plan to axe up to 12,000 jobs at IAG's British Airways underlines CEO Willie Walsh's desire to survive what is expected to be aviation's worst downturn without ...
Read more(Adds analyst comment, background)By Sarah YoungLONDON, April 29 (Reuters) - IAG's move to axe up to 12,000 jobs at its main British Airways business reflects boss Willie Walsh's preference to slash costs rather than seek a state bailout to surviv...
Read more* STOXX slightly up* Crude oil prices jump* Big Q1 earnings day* Spie, AMS, Teleperformance jump Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thya...
Read more* STOXX slightly up* Crude oil prices jump* Big Q1 earnings day* Spie, AMS, Teleperformance jump Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thya...
Read more* FTSE 100 up 2.6%, FTSE 250 adds 3.3%* Banks surge on the back of StanChart, Barclays results* Soaring oil prices lift shares in BP, Shell* Gilead news boosts market sentiment globally (Updates with market closing)By Devik Jain and Sagarika Jaising...
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