LONDON, March 16 (Reuters) - British Airways-owner IAG
has not asked for state aid, said its CEO, as he
detailed the group's response to the coronavirus crisis,
including accelerating the retirement of some aircraft and
possible cuts to 2021 capacity.
"I think individual airlines have been approaching
governments looking for state aid, we have not done so," IAG CEO
Willie Walsh said on an investor call.
"Governments would expect airlines to look at self help
before they would call on governments to provide state aid."
He said that IAG would, however, make use of any general
state-support for employees where it becomes available.
The group's dividend will still be put to shareholder
approval in June, Walsh said, adding that he had "nothing to
add" when asked about whether a plan to buy Air Europa would
still go ahead.
(Reporting by Sarah Young, Editing by Paul Sandle)
International Airlines (IAG)
