At the risk of sounding cruel... what is taking so long?
I know they don’t have an October 1 date like the US. International travel is down 80 plus percent. They have an almost non existent domestic network.
Isnt this the same “worst case” scenario they have been discussing for 6 months? Wouldnt it be better to stop the bleeding of cash already?
In the UK, any company wanting to make 100 or more employees has to follow a a 45 day consultation process before any dismissals become effective and involve the trade unions.
Additionally, it's becoming more apparent that the longer this crisis goes on the less likely it is demand will bounce back to pre-COVID levels, so it's probably meant companies are having to change plans to recover from it as anything drawn up in April/May time probably wouldn't work now.
Finally, given the amount of bad press BA have been receiving since the Spring over the treatment of their staff, I would hazard a guess it's dawned on them that following through with mass compulsory redundancies would tarnish their brand even further, so being cynical it would be "better" for their image if many of them choose to take voluntary redundancy. Not that it makes it easier for those affected though and I feel for them. Regardless of brand damage, I doubt it will some people from flying with them though, especially those that fly exclusively BA.