It should also be noted that many of British Airways` competitors receive state aid in different forms in Europe and around the world. The resulting competitive environment will create a distorted market, in which some of these competitors will have the opportunity to offer overcapacity and lower rates. We continue to implement measures throughout the company to obtain cash, but many of them are short-term measures. In our previous Section 188 letter, we stated that if this situation escalates, we must address the impact on employment in general. We are now at a critical point and we need to present proposals for structural change so that our company is able to react to a difficult and uncertain business environment for a longer period of time. Our proposals include downsizing across the company based on a number of forecasts and structural changes to ensure that we will be in a competitive and resilient position in the future. These proposals, if implemented, would ensure that we are ready to address some of the challenges that lie ahead, both due to the Covid 19 crisis and a substantial reduction in demand. The downsizing, carried out exclusively to accommodate reduced capacity-related staffing needs, will further result in British Airways with higher debt levels and lower cash positions than usual, making British Airways more vulnerable to other minor hotbeds of Covid-19 or other economic shocks. . . .