British Airways planes park at Heathrow Airport in London. File photo
British Airways is in talks with its union about a plan to suspend around 32,000 staff in response to the coronavirus pandemic, a person familiar with the situation said.
The British flag carrier has massively reduced flights and warned it will need to cut jobs to survive the emergency as the battered aviation sector frantically seeks to take out costs.
Owned by IAG, BA has already suspended flights from Britain's second busiest airport, Gatwick, and its parent company has said flying capacity would be down 75% in April and May.
Under the BA plan around 80% of staff including cabin crew, ground staff, engineers and those in head office will have their jobs suspended. The BBC, which first reported the news, said no staff would be made redundant.
Rival airline easyJet said on Monday that it had grounded its entire fleet.
Infections have been reported in 210 countries since the first cases were identified in China in December last year and British aid minister Anne-Marie Trevelyan said assisting the poorest nations now would help prevent the virus returning to the United Kingdom.
The United Kingdom left the bloc at the end of January, but EU law still applies until the end of a post-Brexit transition period, and would normally restrict state subsidies.
SAS, which furloughed around 90 percent of its staff in mid-March, said it would begin processes to cut around 1,900 full-time positions in Sweden, 1,300 in Norway and 1,700 in Denmark.
Dubai Chamber members who are trading with markets in Asia are faring better than expected despite business challenges brought forth by the (Covid-19) pandemic, a new report issued by Dubai Chamber of Commerce and Industry has revealed.
The Federal Tax Authority (FTA) asserted that its recent decision to postpone the final step of phase two of the Marking Tobacco and Tobacco Products Scheme until January 1, 2021, does not affect the first two steps that were already implemented, nor does it impact the Excise Tax rates.
The Umm Al Quwain Free Trade Zone Authority has taken a series of proactive steps to ensure business continuity for its existing investors who are battling the economic backlash. These welcome measures will lend a helping hand to SMEs and microbusinesses to overcome serious cash flow challenges in the next few months, retain their workforce and sustain their businesses.