BA parent firm demands digital health passes to help reopen skies as it dives to £6.5bn loss

Business

The parent firm of British Airways has called for the introduction of digital health passes to help reopen the skies while revealing a €7.4bn (£6.5bn) annual loss as a result of coronavirus pandemic disruption.

International Airlines Group (IAG) demanded a global approach, with common testing standards, as the travel industry reels from a disastrous 12 months that has largely grounded fleets and led to tens of thousands of job losses.

The operating loss revealed by the company, which also includes Iberia and Aer Lingus among its stable of airlines, compares to profits of €2.6bn (£2.2bn) in 2019 before COVID-19 struck its operations.

Products You May Like

Articles You May Like

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Cryptocurrencies rise to start the week, bitcoin jumps above $102,000
The Jimmy Butler-Miami Heat saga escalated quickly — here’s what we know and what could be next
Man hurt when car hit pedestrians in West End on Christmas Day has died
Montgomery-backed Local TV swoops on Lebedev’s London Live licence

Leave a Reply

Your email address will not be published. Required fields are marked *