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British Airways: the cuts are needed to fund further investments
London, Great Britain - Airline's CEO, Willie Walsh, affirmed it

"We must lower our costs so that we can fund future investment in our business. We are restructuring the airline to eliminate duplications and streamline our core business. The reduction will occur in three stages: 94 senior managers will leave the carrier by next March 31, while the others will do it during the next 2 years", said British Airways CEO, Willie Walsh about the management cut’s news (...
AVIONEWS - World Aeronautical Press Agency - 132156
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency