We recognise that the recent announcement from British Airways will be very distressing news for employees and their families.
The Chancellor has set out unprecedented support for workers of airline companies. Measures such as the Coronavirus Job Retention Scheme are being used across the aviation industry to protect the sector against the Covid-19 economic crisis.
These measures, alongside other Government support measures such as Coronavirus Large Business Loan Interruption Scheme and the Covid Corporate Financing Facility (CCFF), are helping airlines of all sizes get through this crisis and beyond. The Chancellor has noted that under exceptional circumstances bespoke support could be provided to airlines.