9/16, 12:10 PM (Source: TeleTrader)
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British Airways in worst crisis in history - CEO

British Airways' CEO Alex Cruz informed the United Kingdom Transport Select Committee on Wednesday that the company is experiencing the "worst crisis" in its 100-year history due to the coronavirus pandemic.

The company is currently operating its flights at 25% to 30% of its pre-pandemic operating flight schedule, according to Cruz. "We are taking every measure possible to make sure we can actually make it through this winter," he said, adding that no positive change is expected in the near future.

In August, the company's pilots accepted a 20% salary reduction.

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