Summary
- There are specific industries which have been significantly hit by the crisis, such as the aviation industry, the travel, tourism and leisure and the hospitality sector
- British Airways will be undertaking restructuring plans to survive the crisis
- The company has entered into an agreement with unions which covers engineers and Heathrow staff, but not the cabin crew
The impact of Covid-19 pandemic has not only taken a toll on people’s health and lives but has also destructed businesses and hampered employment as well, resulting in a sharp slowdown of the economy. The British economy has been witnessing contraction of the business activities coupled with the rise in the fiscal deficit. There are specific industries which have …
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