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British Airways set to cut up to 12,000 jobs

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British Airways is set to slash up to 12,000 jobs as part of a restructuring plan forced on the carrier by the fallout from the novel coronavirus, its parent company IAG said on Tuesday.
The firm said its plans were still under consultation but it was “likely that they will affect most of British Airways’ employees and may result in the redundancy of up to 12,000”.
Passenger demand would take “several years” to return to 2019 levels, it added.

International Airlines Group, which also owns Iberia and Vueling, saw its shares lose 2.2 percent as preliminary results showed first-quarter revenue had fallen by 13 percent to 4.6 billion euros ($4.9 billion).
The group’s operating result before exceptional items came in at a loss of 535 million euros, compared with a profit of 135 million last year, with the second quarter expected to be worse.
[READ ALSO] COVID-19: Germany donates additional €5.5m to Nigeria

IAG said it had reduced passenger capacity for April and May by 94 percent compared with the same period last year.
BA chief executive Alex Cruz had warned last month there would be consequences for the airline after the coronavirus pandemic devastated demand.
Recent weeks have seen the carrier, which has some 4,500 pilots and 16,000 cabin crew, only operating flights for essential travel and repatriation of tourists marooned abroad.

Weighing further on the group was an exceptional 1.3 billion euro charge resulting, it said Tuesday, from the “ineffectiveness” of its fuel and foreign currency hedges for the remainder of the year.
IAG, which said detailed first-quarter results would be released on May 7, added its January-February operating result was similar to that period of 2019, despite the suspension of flights to China from the end of January as the virus impacted there.

The group repeated its February guidance that “given the uncertainty on the impact and duration of COVID-19, IAG is not currently providing profit guidance for 2020” as a whole.

“However, the Group expects its operating loss in the second quarter to be significantly worse than in the first quarter,” given the virus fallout, Chief Financial Officer Stephen Gunning said in the statement. 

Entertainment

Mr Eazi proposes to Temi Otedola!

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For what seemed like a long while, celebrity power couple—Mr Eazi and Temi Otedola—are finally engaged as Oluwatosin Ajibade better known as Mr Eazi pops the heartwarming “Will you be my wife?” question to his girlfriend of 2 years Temiloluwa Otedola and she responded favourably in the affirmative “Yes” tone.

Fashion mogul and Icon Temi Otedola began dating artiste and music label CEO Mr Eazi in the year 2020 and have been living together ever since in their London apartment, sharing intimate moments, even meeting respective family members. This they’ve both shared in detail on their How Far? With Mr Eazi And Temi Otedola podcast.

Temi announced her engagement by posting the sea-side proposal of Mr Eazi on one knee asking the important question. The video goes by the simple caption of the infinity logo connoting they’re both locked in for life.

Congratulations to Temi Otedola and Mr Eazi!

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Nicki Minaj agrees “Essence” should be song of the year at the Grammys

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American superstar rapper, Nicki Minaj, shares the same sentiments as myriads of Wizkid fans and well-wishers worldwide, in that she concurs to the argument the trendsetting crossover record-breaking single from Wizkid’s 2020 released “Made In Lagos” album, Essence should be in the conversation for the coveted “Record of the Year” plaque at this year’s Grammy Awards.

Although “Essence” did not receive the much desired nomination in the category for “Record of the Year” at the 2022 Grammy Awards, it did get a nod for Best Global Music Performance, the first of its kind.

Irrespective of the snub, Nicki whilie on Joe Budden TV (YouTube) as a guest on the special episode tagged A Conversation With Nicki Minaj & Joe Budden agreed with the host (Joe Budden) when he said “We need people on the Grammy board that know that “Essence” was song of the year” with an exclamatory “Right! Right!” response. She even proffered, “We should have our own Grammy Board“, in support of many and the popular believe that Black Americans or black artistes in general are always stereotyped to a particular category at the award show, if indeed they made it to the top categories, they barely win; Nicki Minaj does not have a Grammy Award herself and that is still a shock to many, especially when considering her refined catalogue of music.

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Pheelz & Buju (BNXN) live the carefree lifestyle on “Finesse”

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After much teasing, the anticipated Finesse by Pheelz and Buju (now BNXN) hit DSPs across the globe and just like the teaser gave off, Finesse is a banger! It is produced by young producer under Pheelz’s wing known as Miichkel.

On Finesse, Pheelz and Buju live their life to the fullest, the carefree lifestyle is what they desire and they are determined to stay on that track for the time being. “I’ve been living the fast life but I see it in slow mo / And you see my lifestyle, I got Gs in the turbo / . . . / Bad girl sey she want Netflix & Chill / So I ja ticket give her warning / If you fall in love, girls it’s certain / You go chop breakfast, I’m not capping“, Pheelz explains on the first verse, even saying love and relationship cannot stop him from living the ‘ballers’ lifestyle; “I’d be dammed if there’s anybody that could be like me / I be like Mo’ Salah, coming up the right wing / I cut through your defender, you no need to tell me / I must finesse / And you know sey me I must net“, Buju braggingly adds on the second verse, saying he can score any chick that catches his eye and dish her the next minute.

listen to the popular joyous chorus “Ah finesse / If I broke na my business / Ama shana e go bright o / Folake for the nighr ohere or on Apple Music.:

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