The airline was reportedly in rescue talks overnight (13 January), including with the government, to try and get financial support amid rising losses.
The British Airline Pilots’ Association (Balpa) has said it is "appalled" at the situation, which could reportedly put thousands of jobs at risk.
"According to reports, the airline could have collapsed over the weekend which would have been devastating news," said Brian Strutton, Balpa’s general secretary.
