Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

British Airways starts to park up its fleet

Thu, 19th Mar 2020 19:23

LONDON, March 19 (Reuters) - British Airways planes could be
seen parked up at London's Heathrow Airport on Thursday, as the
airline begins the process of grounding a large part of its
fleet.

Air travel is grinding to a halt due to coronavirus, and
BA's boss warned last week that the airline was in a battle for
survival and would have to cut jobs and park up its planes.

The park-up is now under way, with more aircraft expected on
the ground at Heathrow, BA's hub, in the coming week.

There are more than 280 planes in BA's fleet and the
airline's owner, IAG, has said it plans to cut its
flying capacity by 75% in April and May, meaning hundreds of
planes on the ground.

British Airways did not immediately respond to a request for
comment.
(Reporting by Hannah McKay, writing by Sarah Young; editing by
Stephen Addison)

Related Shares

More News
19 Jun 2024 12:56

UK shareholder meetings calendar - next 7 days

18 Jun 2024 12:00

Irish government urges union and IAG's Aer Lingus to avoid strike

(Alliance News) - Irish Finance Minister Michael McGrath has urged Aer Lingus management and unions to "get down around the table" for talks to avoid ...

17 Jun 2024 19:23

EU vets IAG rivals' ability to take over Air Europa routes, sources say

BRUSSELS, June 17 (Reuters) - EU antitrust regulators are asking whether rivals proposed by British Airways owner IAG to take over some of Spanish a...

31 May 2024 11:46

Ryanair, Easyjet and others fined for cabin luggage fees

MADRID, May 31 (Reuters) - Spanish authorities have slapped fines on budget airlines Ryanair, easyJet , Vueling and Volotea totalling 150 million e...

31 May 2024 08:55

Ryanair, others fined 150 mln euros in Spain for cabin luggage fees, SER radio reports

MADRID, May 31 (Reuters) - Budget airlines Ryanair , easyJet, Vueling and privately owned Volotea have been fined 150 million euros ($162.30 million...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.