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British Airways ‘in talks to sell the art in its lounges’

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According to a report in the Evening Standard yesterday, British Airways has come up with a new way to raise funds – selling off the best of the artwork in its lounges.

The newspaper reports that Sothebys has been employed to value the works, with a view to adding some to an upcoming sale as quickly as possible.  The timing isn’t great, however, with in-person auctions currently suspended and online sales not proving to be hugely successful.

The works are worth more than you think.  The artworks, which will also include some currently hanging on the walls of the Waterside head office, include pieces by Bridget Riley, Damien Hurst and Peter Doig.  At least one is worth over £1 million.

Whilst not mentioned in the article, the BA art collection is known to also include works by Patrick Heron, David Nash, Chris Ofili, Anish Kapoor, Tracey Emin, Gary Hume and Donald Judd.

In one of the more bizarre British Airways quotes I’ve seen recently, a source is quoted by the Standard as saying:

“We are in a very dark place.”

Here are a few of the pieces which may be coming under the hammer.  Bridget Riley:

British Airways to sell its art collection

Tracey Emin:

British Airways to sell its art collection

Gary Hume:

British Airways to sell its art collection

PS.  If the worst comes to the worse, BA can always raise a few pounds from these:

British Airways to sell its art collection

As you can see here, these Moooi lamps go for £4,700 each when new ….

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Comments (59)

  • Pablo says:

    £4,714.81 and the bulb is not included. What a f.. liberty.

  • davvero says:

    Save the horses!

    • John Corbett says:

      You can lead the horse to the auction, but you can’t make it cough up the cash!

  • Baji Nahid says:

    OMG BA! You cheapskates lol

  • John says:

    Not sure how tall those lights are? But I guess it’s a case of “Many hands make light work!”

  • Adam says:

    Whole story sounds fishy to me. BA is burning through millions on millions and they’re looking to sell art which won’t touch the sides.

    The cynic inside says this is just out there to show “other parties” how awful the financial situation is. “We need to screw your t’s and c’s! Look we’re even selling the art!!”

  • Cee Watson says:

    Meanwhile IAG continue with their plans to buy Air Europa for c€1 billion! It’s a cheap publicity stunt and one WW has tried to do before at Air Lingus 🙄

  • Edd M says:

    This is another salvo in BA’s PR war to justify firing tens of thousands of staff. They can flog all the art they want, and publicly wring their hands when doing so, but it’s probably going to pay for two days of grounded planes, if that.

  • NigelthePensioner says:

    There are also examples from Crown and Dulux…….are we sure this isnt a delayed release from 1st April???