British Airways boss says burning through cash, urges unions to engage

LONDON (Reuters) - The boss of British Airways said its parent company IAG was burning through 178 million pounds a week and could not guarantee its survival, prompting him to urge unions to engage over 12,000 job cuts.British Airways came under heavy attack from lawmakers in parliament on Wednesday, who accused it of taking advantage of a government scheme to protect jobs while at the same time announcing plans to cut its workforce by 28%.Planes were grounded in March due to coronavirus..