British Airways Owner IAG Boosts Flights To Meet Take-off In Air Travel Demand As Coronavirus Rules Relax

British Airways Owner IAG Boosts Flights To Meet Take-off In Air Travel Demand As Coronavirus Rules Relax

British Airways owner International Consolidated Airlines Group (IAG) will increase the number of flights to meet increased demand for air travel as quarantine rules are relaxed.

The group, which also operates Iberia and Aer Lingus, has announced its intention to operate at around 45% of its passenger capacity from July to September, compared to the same period in 2019.

This is an increase from 21.9% in the previous three months.

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IAG boss Luis Gallego says group ready to profit from increased demand

IAG chief executive Luis Gallego said the company was “ready to fly up to 75% of 2019 capacity” in the last three months of the year.

But the company warns that measures to increase its flight schedules “remain uncertain and subject to continuous review” due to the coronavirus crisis.

He says he “continues to be affected by the COVID-19[feminine[feminine pandemic as well as government restrictions and quarantine requirements ”.

However, the group welcomed the move to allow fully vaccinated American and European travelers against the coronavirus to enter the country without quarantine from August 2.

Mr. Gallego said British Airways saw a 95% increase in bookings for flights from the United States to the United Kingdom shortly after Wednesday’s announcement of the relaxation of travel rules, compared to the same period last week.

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He added: “In the short term, our goal is to ensure our operational readiness, so we have the opportunity to capitalize on an environment where there is evidence of widespread pent-up demand when travel restrictions are lifted.

“We know the recovery will be uneven, but we are ready to take advantage of an increase in demand for air travel alongside rising immunization rates.

“We welcome the recent announcement that fully vaccinated travelers from Orange countries in the EU and the US will no longer need to self-quarantine upon arrival in the UK.

“We see this as an important first step in the complete reopening of the transatlantic travel corridor. “

The update came as IAG posted an operating loss of 2.03 billion euros (£ 1.73 billion) for the six-month period ended June 30, which represents a reduction in the loss of 4.05 billion euros (3.45 billion pounds sterling) he suffered for the same period in 2020.

Pressed on whether the planned end of the leave scheme in September could lead to more job losses in the UK, Mr Gallego said: ‘What we would like is an extension of the leave scheme until the end of the year. “

He added: “At the moment we don’t plan to cut jobs any further, but of course we have to see how things develop.

“With the plans we have right now, our plan is to fly, people want to fly, and for that we’re going to need our people. “

British Airways announced last year that more than 10,000 employees were made redundant in response to the COVID-19 crisis.


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