|
Feb 07
2009
|
British Airways warned union leaders yesterday that it is considering a pay freeze for its 42,000 staff this year and that thousands of jobs could go.
The airline issued the warning after posting losses of £70million for the first nine months of its financial year - compared with a profit of £816million a year ago.
BA confirmed it is in talks with staff unions about 'pay and productivity' as it looks to cut costs to offset falling sales and profits.
