18 October 2021 - Virtual
10 November 2021, Virtual
London, UK - November 2021
International Airlines Group is cutting capacity 90 per cent in April and May, a more aggressive plan than the 75 per cent cut for the two months announced a few weeks ago.
As previously reported, British Airways has reached an agreement with trade unions to furlough more than 30,000 cabin crew and ground-based employees over the next two months. The agreement, subject to union ratification, gives those employees 80 percent of their base pay over the period. BA also reached an agreement for its 4,000 pilots to take four weeks of unpaid leave over the next two months.
IAG has reached similar agreements with more than 17,000 employees in Spain and is working to reach agreements with employees in Ireland, according to the group.