Mon, 16th Mar 2020 07:11
LONDON, March 16 (Reuters) - The owner of British Airways
said it would cut its flying capacity by at least 75% in April
and May and its outgoing boss Willie Walsh would defer his
retirement in its fight to survive the coronavirus outbreak.
International Consolidated Airlines Group said it
would also ground flights, freeze discretionary spending, reduce
working hours and temporarily suspend employment contracts.
(Reporting by Kate Holton; editing by Sarah Young)
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International Airlines (IAG)