BA owner IAG may ask investors for £1.5bn in emergency fundraising By Ben Harrington For The Mail On Sunday Published: 22:38 BST, 20 June 2020 | Updated: 22:38 BST, 20 June 2020 The owner of British Airways could be looking to raise up to £1.5billion of fresh cash, investors say. International Consolidated Airlines Group (IAG) … Read more
British Airways’ owner could slash thousands more jobs as airline industry faces its ‘greatest crisis’ By Francesca Washtell For The Daily Mail Published: 22:16 BST, 11 May 2020 | Updated: 22:53 BST, 11 May 2020 British Airways’ owner could slash thousands more jobs as the airline industry faces its ‘greatest crisis’. IAG has already announced … Read more
British Airways owner IAG secures £900m loan from Spanish government – but it can’t be used to help stricken UK airline which is cutting 12,000 jobs amid coronavirus crisis International Airlines Group has received a £900m loan from the Spanish govt IAG is the parent company of British Airways which is loosing 12,000 jobs The … Read more
Thousands of British Airways workers look set to lose their jobs as its owners IAG announce redundancies on Tuesday afternoon. Airline companies have been struggling to run as the coronavirus lockdown grounds planes around the world. BA had already started struggling after it furloughed more than half of its 45,000 workers. In a statement, IAG said: … Read more
£15 billion airline rout: BA owner IAG and Easyjet among shares hammered as coronavirus crisis clobbers the travel industry By James Salmon and Hugo Duncan for the Daily Mail Published: 21:54 GMT, 2 March 2020 | Updated: 22:04 GMT, 2 March 2020 Major airlines have seen more than £15billion wiped off their value in just … Read more