British Airways CEO Alex Cruz to step down as industry faces its ‘worst crisis’

British Airways CEO Alex Cruz to step down as industry faces its ‘worst crisis’ British Airways has announced it is replacing its chief executive Alex Cruz as the airline navigates "the worst crisis" facing its industry
Business
October 12, 2020 15:15
British Airways CEO Alex Cruz to step down as industry faces its ‘worst crisis’

British Airways has announced it is replacing its chief executive Alex Cruz as the airline navigates "the worst crisis" facing its industry, Report says.

Mr. Cruz, who has been with BA since 2016, will be immediately replaced by Aer Lingu's boss Sean Doyle.

He will stay on as non-executive chairman for a transition period before Mr. Doyle also takes on the role.

BA has been embroiled in a bitter dispute with unions over redundancies and pay cuts.

It cuts 13,000 staff and has been criticized by team 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."

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