LONDON, Sept 16 (Reuters) - There will be airline
bankruptcies and thousands more job losses if a waiver requiring
airlines to use airport slots is not extended, warned British
Airways chief executive Alex Cruz on Wednesday.
"I suspect that if that slot relief is not provided for the
winter season we will have a number of airline bankruptcies and
there will be many, many thousands of jobs that will be lost, in
addition to the jobs that have already been lost," Cruz told
lawmakers.
He said he was not contemplating that scenario because
reports from the European Union were encouraging that the waiver
of the requirement that airlines use 80% of their take-off and
landing slots would be extended until March 2021.
(Reporting by Sarah Young; editing by James Davey)
International Airlines (IAG)
