LONDON, April 2 (Reuters) – British Airways ICAG.L has reached an settlement with the Unite union to furlough employees on 80% of pay with none cap on earnings and with out anybody being made redundant, the union stated on Thursday.
Britain has launched a job retention scheme which covers 80% of wage capped at a most of two,500 kilos ($3,093) a month.
The union stated BA would introduce a modified model of the scheme. It stated there would even be no unpaid non permanent lay offs.
(Reporting by Kate Holton, enhancing by William James)
((kate.holton@thomsonreuters.com; 0044 207 542 8560; Reuters Messaging: kate.holton.thomsonreuters.com@reuters.internet))
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