British Airways considers selling HQ

British Airways is feeling the effects of the new normal.

It's considering selling its headquarters building as a switch to home working means it may no longer need so much office space.

The potential sale of the building was first reported by the Financial Times, and could boost the airline's finances, which have been hammered by the health crisis.

The BA complex near Heathrow airport was completed in 1998 at a cost of 200 million pounds, that's $279 million.

It's also the headquarters of British Airways parent company IAG.

The transition to home working over the last year has already prompted some of the UK's biggest companies to make changes to their offices.

Lloyds bank said it would cut office space by 20% within three years, with HSBC aiming for a 40% reduction.

British Airways said in a statement that many employees enjoyed working from home and its future policy would likely be a flexible mix of home and office working.

During the crisis BA has taken a number of actions to stay afloat - including shedding over 10,000 employees and raising cash by selling famous works of art that formerly hung in its executive lounges.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting