British Airways' CEO Alex Crus has stepped down from his position as the company continues to struggle through the effect of the Covid-19 pandemic.
British Airways has immediately replaced Alex Cruz who served as the company's CEO for four and a half years with Sean Doyle as part of its post Covid restructuring.
British Airways' parent company, IAG on Monday, named Sean Doyle, previously the boss of Aer Lingus, another carrier in the group, as BA's new chief executive. BA's passenger traffic dropped 95 per cent from a year earlier in the second quarter, leading to a first-half operating loss of 4.04 billion euros ($4.77 billion). In recent months, unions have criticized the way Cruz handled 12,000 job cuts linked to the pandemic.
The nature of Crus departure is not known as he gave no comment on his surprise departure.
British Airways is in the process of axing 13,000 jobs, or about one-third of its workforce, in response to the fallout from the pandemic.
The new chief executive of BA's parent company, IAG Luis Gallego, who took the reins from Willie Walsh just last month, said that the reshuffle was aimed at coming out stronger from the crisis.
“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,” Gallego stated in a statement.
“I want to thank Alex for all that he has done at British Airways. He worked tirelessly to modernize the airline in the years leading up to the celebration of its 100th anniversary.” He added.
“Since then, he has led the airline through a particularly demanding period and has secured restructuring agreements with the vast majority of employees,” Gallego said.
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