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British Airways could pull out of Gatwick and cut a quarter of its pilots, leaked memo reveals

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In a statement on Tuesday, IAG said: ‘In light of the impact of Covid-19 on current operations and the expectation that the recovery of passenger demand to 2019 levels will take several years, British Airways is formally notifying its trade unions about a proposed restructuring and redundancy programme. ’ . .

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Effective for facilities placed into service between January 1, 2011 and December 31, 2019. The Participating Lender sets all the terms and conditions of the loan (including premium levels, maturity dates, fixed or variable interest rates, secured or unsecured, amortization schedule, etc.) For more information, please visit this link.

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