Thu Jun 11, 2020 8:57 pm
British Airways is selling some of its multi-million-pound art collection to raise cash to help it through the coronavirus pandemic.
The collection includes pieces by Damien Hirst, Bridget Riley and Peter Doig, with one work believed to have been valued at more than £1m.
It is understood at least 10 pieces have been identified for sale, although exactly which ones is unclear.
BA - like many airlines - has seen a collapse in demand for air travel during the pandemic and is set to cut thousands of jobs.
Last week, BA boss Alex Cruz warned that the cash-strapped airline's survival was at stake unless there was a drastic restructuring of the business.
Other works in the collection include pieces by Tracey Emin, Anish Kapoor and Chris Ofili. The airline would not comment on the sale, nor identify which works would go under the hammer.