Comments on: IAG British Airways dips 8.8% – sells art collection to stay float

By: IAG shares slide as BA boss admits: "we are fighting for survival" - UK Investor Magazine

Wed, 16 Sep 2020 11:55:59 +0000

[…] at International Consolidated Airlines Group (LON: IAG) have slid almost 4% after British Airways (BA) chief executive Alex Cruz told MPs: “We’re still fighting for our own […]

By: Airlines, banks, oil and car companies among the most traded shares in June - UK Investor Magazine

Wed, 15 Jul 2020 15:30:55 +0000

[…] The owners of British Airways, having suffered a one-day share price dip of 8.80% in June, had to sell off a large part of their fine art collection to raise capital. The stock’s discount price, and timing – just before […]

By: Swissport to axe 53pc of UK workforce - UK Investor Magazine

Swissport to axe 53pc of UK workforce - UK Investor Magazine — Wed, 24 Jun 2020 12:14:57 +0000

[…] the airline industry, British Airways, Virgin Atlantic and jet engine maker Rolls-Royce are cutting 12,000, 3,000, and 9,000 jobs […]

By: DPD and Kingfisher to hire 7,500 to cope with online demand - UK Investor Magazine

Thu, 18 Jun 2020 09:25:21 +0000

[…] following weeks of companies announcing wide-scale job cuts. British Gas owner Centrica, BP, and British Airways have announced redundancy plans that will affect thousands across the UK and […]

By: UK economy shrinks record 20.4% in April - UK Investor Magazine

UK economy shrinks record 20.4% in April - UK Investor Magazine — Fri, 12 Jun 2020 14:21:28 +0000

[…] and a sharp decline in consumer demand, the vast majority of British companies have had to resort to unprecedented action in order to stay […]