Cash-strapped British Airways to sell art collection to raise cash
LONDON, June 12 (NNN-AGENCIES) — 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 art 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 has seen a collapse in air travel and is set to cut thousands of jobs.