Airlin­e plans to cut jobs and ground aircra­ft to tackle the worsen­ing situat­ionLONDON: British Airways warned that its survival was at stake on Friday as its CEO told staff of plans to cut jobs and ground aircraft to tackle the “worsening situation” caused by coronavirus. Chief Executive Alex Cruz told BA’s staff in a message titled “the survival of British Airways” that coronavirus was causing a crisis “of global proportions like no other we have known”, more serious than the financial crisis, SARS or 9/11. “Please do not underestimate the seriousness of this for our company,” read the message from Cruz, a transcript of which was seen by Reuters. But the airline was under “immense pressure” and would “have to react fast and definitively in response to the worsening situation”, he said in the message. Aircraft would be grounded in a way that the airline has never had to do before, he said.

Source: The Express Tribune March 13, 2020 15:00 UTC