• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, July 4, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

British Airways boss Alex Cruz replaced amid industry’s ‘worst crisis’

October 12, 2020
thevaultzby thevaultz
in UK
0
British Airways boss Alex Cruz replaced amid industry’s ‘worst crisis’

Image: Getty Images

International Airlines Group (IAG) has announced it is replacing Chief Executive of British Airways (BA), Alex Cruz as the airline navigates “the worst crisis” facing its industry.

IAG boss, Luis Gallego said the shake-up came as the company navigates “the worst crisis faced in our industry” – which has seen demand crushed by the coronavirus crisis and thousands of jobs terminated.

Alex Cruz will be replaced by Sean Doyle, who is being brought in from Irish carrier, Aer Lingus – also part of IAG.

RelatedPosts

Corbyn And Sultana Plan New Left Party

Chancellor Stands Firm Beside Starmer Amid Criticism

UK Faces Backlash Over Aid Cuts At Summit

This is one of a series of management changes announced by Mr Gallego, who took over as IAG chief executive a month ago after the retirement of Willie Walsh.

Mr Gallego said, “We’re navigating the worst crisis faced in our industry and I’m confident these internal promotions will ensure IAG is well placed to emerge in a strong position.”

He said Mr Cruz had “worked tirelessly to modernise the airline”, adding that he had also “led the airline through a particularly demanding period and has secured restructuring agreements with the vast majority of employees”.

Mr Doyle, BA’s new boss, previously worked at the airline for 20 years before moving to head Aer Lingus two years ago.

Mr Cruz will remain non-executive chairman of BA for a “transition period” before also handing over that role to Mr Doyle.

BA boss
Outgoing BA boss, Alex Cruz. Image: AP

BA has been embroiled in a bitter dispute with unions over redundancies and pay cuts. In September, it revealed progress in its negotiations with unions over changes to pay and conditions as it battles to save costs.

It however reported a total of up to 13,000 were expected to lose their roles at the airline, with more than 8,000 having already gone.

BA’s handling of the restructuring drew accusations of a “despicable” fire-and-rehire approach, but Mr Cruz told MPs last month that it was on course to secure agreement with trade unions.

He also mentioned that the impact of the pandemic means it is “fighting for its survival”.

Other airlines including Manchester Airports Group – owner of Manchester, Stansted and East Midlands airports – announced plans to axe nearly 900 roles as the Treasury’s furlough scheme comes to an end.

The announcement of a government task force to look at using testing to try to reduce travellers’ quarantine periods received a half-hearted response, with no timeframe for a testing regime to be introduced.

New data from Heathrow showed the challenges being faced by the travel industry from the coronavirus pandemic. Just 1.2 million passengers travelled through the airport in September, down 82% compared with the same month last year.

Mr Cruz had a tough period in charge of BA even before the pandemic struck. In September last year, the airline’s pilots staged their first ever strike which led to 2,325 flights being cancelled and cost BA €137m (£124m).

Also, the Information Commissioner’s Office (ICO) announced it intended to fine BA a record £183m after a breach of its security system, exposing hundreds of thousands of customer details. The ICO and BA are still in discussions regarding the fine.

Please login to join discussion
Previous Post

Protect Peace Before, During And After Elections- Asantehene Urges Political Parties

Next Post

EAP to grow by only 0.9 percent in 2020, the lowest rate since 1967 – World Bank

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Corbyn And Sultana Plan New Left Party
UK

Corbyn And Sultana Plan New Left Party

July 4, 2025
Ukrainian President, Volodymyr Zelenskyy and US President, Donald Trump have a heated exchange.
Europe

Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences

July 4, 2025
President John Mahama on peace after election
General News

Mahama Calls for Action on Peace Amid Ghana’s Global Decline 

July 4, 2025
Association of Ghana Industries (AGI), Seth Twum-Akwaboah
Vaultz Business

Business and Investor Confidence Rebounding in Ghana – AGI

July 4, 2025
Thomas Partey
Sports

Thomas Partey Charged With Rape

July 4, 2025
Lil Win Targets Global Fame with New Movie
Entertainment

Lil Win Targets Global Fame with New Movie

July 4, 2025
Corbyn And Sultana Plan New Left Party
UK

Corbyn And Sultana Plan New Left Party

by Lawrence AnkutseJuly 4, 2025
Ukrainian President, Volodymyr Zelenskyy and US President, Donald Trump have a heated exchange.
Europe

Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences

by Comfort AmpomaaJuly 4, 2025
President John Mahama on peace after election
General News

Mahama Calls for Action on Peace Amid Ghana’s Global Decline 

by Lilian AhedorJuly 4, 2025
Association of Ghana Industries (AGI), Seth Twum-Akwaboah
Vaultz Business

Business and Investor Confidence Rebounding in Ghana – AGI

by Stephen M.CJuly 4, 2025
Thomas Partey
Sports

Thomas Partey Charged With Rape

by Evans Junior OwuJuly 4, 2025
Lil Win Targets Global Fame with New Movie
Entertainment

Lil Win Targets Global Fame with New Movie

by Esther Korantemaa OffeiJuly 4, 2025
Corbyn And Sultana Plan New Left Party
Ukrainian President, Volodymyr Zelenskyy and US President, Donald Trump have a heated exchange.
President John Mahama on peace after election
Association of Ghana Industries (AGI), Seth Twum-Akwaboah
Thomas Partey
Lil Win Targets Global Fame with New Movie
[/vc_row_inner]

Recent News

  • Corbyn And Sultana Plan New Left Party
  • Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences
  • Mahama Calls for Action on Peace Amid Ghana’s Global Decline 
  • Business and Investor Confidence Rebounding in Ghana – AGI
  • Thomas Partey Charged With Rape
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.