British Airways has cancelled 75% of its flights indefinitely.
Quite how long it will be before it’s forced to close down completely is a matter of guesswork at present. Once repatriation flights have concluded the demand for flights will drop to nothing.
Willy Walsh, Chairman of IAG who own BA and Iberia has decided to stay on rather than retire in March, to oversee the crisis.
Virgin Atlantic,easyJet and RyanAir have all said they are reducing flights by 75%.
Virgin Atlantic has asked staff to take 8 weeks unpaid leave, and will ground most of its fleet by the end of the month.