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16th September 2020, 20:39

British Airways Chairman & CEO Alex Cruz says the airline is 'still fighting for its own survival.'

British Airways Chairman and CEO Alex Cruz says the airline is "still fighting for its own survival."

Speaking at a Parliamentary Select Committee, Mr Cruz said that the current crisis its facing, due to the Covid pandemic "is the worst crisis that British Airways has gone through in its 100 years of history."

The airline is currently running at 25 to 30% of its regular schedule and has cut thousands of jobs.

UK press reports that Mr Cruz has told the Government committee the firm is burning through £20 million every day, adding that he himself has taken a one-third pay cut.