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British Airways to cut jobs over coronavirus: Alex Cruz

BRITISH AIRWAYS will cut jobs after the coronavirus pandemic devastated demand for global air travel, its chief executive Alex Cruz said Friday (13).

"To be frank, given the changing circumstances, we can no longer sustain our current level of employment and jobs will be lost perhaps for a short period, perhaps longer-term," Cruz said in an internal memo confirmed by the group.


Global airlines have cancelled thousands of flights worldwide, as COVID-19 decimates demand for passenger travel, with destinations to China and Italy in particularly hit hard.

The aviation industry is struggling with the severe impact of the pandemic, which has so far infected more than 134,300 people globally and killed over 5,000, according to an tally.

In a further blow this week, US president Donald Trump announced a shock 30-day ban on travel from mainland Europe over coronavirus.

The global aviation association on Thursday (12) warned that the US-imposed trans-Atlantic travel ban would further hurt an industry already hard-hit by the crisis, insisting airlines needed "emergency measures" to get through.

The move "will create enormous cash-flow pressures for airlines," Alexandre de Juniac, head of the International Air Transport Association (IATA), warned in a statement.

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Trump threatens 100 per cent tariffs on European countries over tech taxes

  • Donald Trump has threatened a 100 per cent tariff on countries that levy digital services taxes on US technology firms.
  • The warning could put fresh pressure on European nations, including the UK, which already has a digital services tax.
  • The move comes just days after the US and EU finalised a new trade agreement.

US President Donald Trump has threatened to impose 100 per cent tariffs on imports from countries that introduce or maintain digital services taxes on American technology companies, escalating a long-running dispute over how global tech firms should be taxed.

In a post on his Truth Social platform, Trump said any country imposing such a tax would immediately face tariffs on goods exported to the US. He also said the measure would override any existing or future trade agreements with those countries, as quoted in a social media post.

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