Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
British Airways is to sell BA Connect, its regional air transport operation, to air operator Flybe with the loss of 'a couple of hundred jobs'. Willie Walsh, BA chief executive, said the point-to-point regional operations of BA Connect, based chiefly in Manchester and Birmingham, were not considered a strategic core activity and would be 'better undertaken by a regional low-cost airline'.
BA Connect has a workforce of 1,900. Jim French, Flybe chief executive, said there would be 'a couple of hundred job losses'.
Eurofound (2006), BA Connect, Internal restructuring in United Kingdom, factsheet number 64371, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64371.