Tag Archives: Airways

A painting by Bridget Riley valued at up to £1.2 million ($ 1.37 million) will kickoff a sale of British Airways’ corporate art collection as the struggling airline looks to raise cash amid an unprecedented global collapse in passenger demand caused by the coronavirus pandemic. Sotheby’s will offer 17 paintings, …

British Airways will cut up to 12,000 jobs as the airline’s owner warned the coronavirus recovery will take “several years.” BA parent International Consolidated Airlines Group IAG, -3.30% (IAG) said it had launched a restructuring and redundancy program due to the impact of the pandemic and the expectation that the …