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  • IAG, owner of British Airways and Spanish carrier Iberia, said Monday it would slash the group's flight capacity by 75 percent during April and May owing to the coronavirus outbreak. "For April and May, the Group plans to reduce capacity by at least 75 percent compared to the same period in 2019," it said in a statement. Separately, British no-frills airline EasyJet said it may have to ground "the majority" of it fleet over COVID-19, warning there was no guarantee European airlines would survive a long-lasting freeze in air travel. bcp/bmm
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  • BA parent IAG to cut flight capacity 75% in April/May
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