The airline owns the works of Tracey Emin, Anish Kapoor, Chris Ofili, etc. Some of them valued at more than £1 million

This step — attempt to partially cover losses incurred in recent months. From-за pandemic coronavirus large part of the fleet of British Airways for a few months were left without flights and the entire aviation industry faced one of the strongest crises in its history.

In an attempt to give the company to be on the verge of bankruptcy, Alex Cruz, chief Executive officer of British Airways, promised to "take all possible measures to save money", until the downsizing. According to published information in the media, on June 15, 2020 British Airways will hold a meeting which will decide the question of dismissal of 15 thousand employees. In comparison with this step the sale of works of art, for many years adorned the headquarters-квартиру, business-лайнеры and halls of the airports around the world, does not seem so radical a measure.

While the representatives of British Airways has not commented on the impending sale of art, but the decision reportedly was made by the leadership of the company after consultation with staff and the joint search of additional funding. It is now known that British Airways is planning to auction at least 10 major works of art for evaluation which had been invited by Sotheby's experts.

To information edition of the Evening Standard, at least one of the works put up for auction, can cost "at least seven figures". Most likely, we are talking about the work of Bridget Riley, for a long time decorated the hall with British Airways at Heathrow airport.

Corporate art collection British Airways includes works of the most renowned contemporary British artists, including works by Damien Hirst, Peter Doig, Anish Kapoor, Chris Ofili and Tracey Emin, and about 1.5 thousand works by lesser known authors. The collection began another 30 or 40 years ago, and the upcoming auction will provide an excellent opportunity to see how financially successful you get these social investments.

art Collection British Airways AI previously mentioned in a review of the book Corporate Art Collections.

the Material was prepared by Maria Kuznetsova, AI

Source: theguardian.com, standard.co.uk