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Europe to see launch of new low-cost airline
By EUobserver
UK carrier British Airways is to launch a low-cost airline in Europe by the summer of 2022 to compete with rivals Easyjet and Ryanair, according to a leaked internal memo, CNN reports. The firm confirmed it was working "on proposals for a short-haul operation at Gatwick", but declined to comment further. It made a loss of €2.3bn last year, but expects the short-haul market to quickly recover after the pandemic.