British Airways to drive job cuts with cabin crew overhaul: memo [Reuters]
INTL CONSL AIRLNS S/ADR (ICAGY)
NASDAQ:AMEX Investor Relations:
iagshares.com
Company Research
Source: Reuters
British Airways to drive job cuts with cabin crew overhaul: memo LONDON/PARIS (Reuters) - British Airways is planning a major overhaul of its cabin crew that will “significantly reduce” their numbers, an internal memo circulated on Wednesday showed, after parent IAG ( ICAG.L ) moved to cut as many as 12,000 of the airline’s 42,000 staff. Senior long-haul flight attendants stand to lose out as the carrier scraps its three existing cabin-crew organisations and reassigns a smaller number of staff to a single lower-cost entity, under plans outlined in the memo seen by Reuters. “Our proposals aim to save as many jobs as possible and secure a sustainable future,” the note from an in-flight customer experience executive that was later circulated among representatives of BA’s 16,500 cabin crew said. A BA spokeswoman declined to comment on the memo. Two union sources told Reuters they were aware of its content. The plans would abolish the “worldwide fleet” of mainly senior crew that fly long
Show less
Read more
Impact Snapshot
Event Time:
ICAGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ICAGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ICAGY alerts
High impacting INTL CONSL AIRLNS S/ADR news events
Weekly update
A roundup of the hottest topics
ICAGY
News
- IAG shares have soared above the FTSE 100 and still have the runway to rise [Yahoo! Finance]Yahoo! Finance
- What Makes International Consolidated Airlines Group SA (ICAGY) a Strong Momentum Stock: Buy Now? [Yahoo! Finance]Yahoo! Finance
- British Airways hit by delays and disruption after ‘technical issue' [CNN]CNN
- Is International Consolidated Airlines Group (ICAGY) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- International Consolidated Airlines Group Third Quarter 2024 Earnings: Revenues Beat Expectations [Yahoo! Finance]Yahoo! Finance