Categories: BusinessLatest

British Airways Replaces CEO Cruz With Aer Lingus Boss Doyle

British Airways says it will be replacing Chief Executive Officer Alex Cruz.

This comes just weeks after fellow Spaniard Luis Gallego took over as head of parent company IAG SA.

Cruz, who has been with the air carrier for four years, will immediately be replaced by Aer Lingus boss Sean Doyle.

According to a statement from the company, Cruz will stay on as non-executive chairman for a transition period before Doyle also takes on the role.

British Airways has been embroiled in a bitter dispute with unions over redundancies and pay cuts. It is slashing thousands of workers and has been criticised by staff and MPs who claim the airline has been following a “fire and rehire” policy, which left some employees facing pay cuts of up to 50%.

Luis Gallego, chief executive of IAG, which owns BA, 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.”

The coronavirus pandemic has had a negative impact on the airline industry. The number of passengers have fallen as a result of this, revenues have been badly hit.

Airlines are restructuring and cutting cost to stay in business and remain profitable.

The International Air Transport Association (IATA) has warned it does not see the aviation sector returning to profitability until 2022.

Lillian Jijingi

Follow us on:

AriseNews

Recent Posts

Court Dismisses Case Against Protesters Charged Over Protests, Releases Minors Charged With Treason

An Abuja court has struck out the case against #EndBadGovernance protesters as the AGF discontinued…

1 hour ago

Britain Detects Two Additional Cases Of New Mpox Variant, Total Reaches Three

The UK has confirmed two more cases of the new mpox variant, clade Ib

2 hours ago

Ekiti Chief Judge Oyewole Adeyeye Passes Away From Injuries Sustained In Court Building Collapse

Ekiti mourns as Chief Judge Justice Adeyeye dies, succumbing to injuries from a court building…

2 hours ago

Boeing Workers End Seven-Week Strike After Accepting 38% Pay Increase

Boeing workers have accepted a new contract with a 38% raise, ending a seven-week strike…

2 hours ago

Trial Underway for Eight People Accused of Inciting Murder of Teacher Samuel Paty

Eight individuals are on trial in Paris, accused of inciting the murder of teacher Samuel…

3 hours ago

Indonesian Government To Evacuate 16,000 Residents After Mount Lewotobi Eruption

Indonesia is evacuating 16,000 residents after Mount Lewotobi erupted, resulting in nine deaths and significant…

3 hours ago