INTERNATIONAL Airlines Group, the parent company of British Airways, has detailed a hit to its forecast profit due to the strike by pilots earlier this month.
It’s estimated the walkout by members of the British Airline Pilots Association (BALPA) has so far cost more than 120 million, while other issues such as threatened industrial action by workers at Heathrow Airport had a further 30 million impact.
IAG now expects its 2019 operating profit to be 215 million lower than last year.
The pilots’ pay issues remain unresolved, with the company saying there had been no further talks between BALPA and BA.
“The airline’s offer of an 11.5% pay increase over three years still stands and has been accepted by British Airways’ other unions,” the company said, noting further industrial action would have an additional impact on profit.
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Source: traveldaily