British Airways is expected to announce it will suspend around 36,000 staff.
The airline, which grounded much of its fleet due to the coronavirus crisis, has been negotiating with the Unite union for more than a week.
The two sides have reached a broad deal but are yet to sign on some details.
The agreement means that up to 80% of BA cabin crew, ground staff, engineers and those working at head office will have their jobs suspended but no staff are expected to be made redundant.
The decision will affect all staff at Gatwick and London City Airport after the airline suspended its operations at both locations until the crisis is over.
Those affected are expected to receive some of their wages through the government's coronavirus job retention scheme, which covers 80% of someone's salary capped at a maximum of £2,500 a month.
John Strickland, independent aviation analyst, said "tough negotiations" between BA and the Unite union meant it had taken a while to reach an agreement.
"The pilots' deal for half pay was concluded rather earlier, I guess there was a recognition as to just how serious that issue was," he said.
It is thought that the Unite union has been pushing for staff to be paid more than that. BA has already reached a separate deal with its pilots who will take a 50% pay cut over two months.
BA's parent company, International Airlines Group (IAG), is in a better financial position than some of its competitors. The group has made healthy profits in recent years.
But the airline's expected decision to suspend such a large number of workers gives a sense of how hard UK aviation has been hit by travel restrictions, designed to stem the spread of the pandemic.
With future bookings cancelled for the foreseeable future, airlines have been haemorrhaging cash.
Over the next three months, the International Air Transport Association expects airlines to rack up losses of almost $40bn (£32.3bn). It said carriers were burning through their cash reserves fast, mainly because of the multi-billion-pound cost of refunding tickets for cancelled flights.
Many staff at Virgin Atlantic have had their jobs suspended for two months and crews at Easyjet are out of work for three months.
This week, British Airways has run government repatriation flights to get hundreds of British nationals home from Peru, after the country went into lockdown.
It is one of several UK-based airlines that has agreed to run further repatriation flights in the coming weeks as hundreds of thousands of people are still stuck in other parts of the world.
Latest Stories
-
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
34 minutes -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
49 minutes -
Top 20 Ghanaian songs released in 2024
1 hour -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
1 hour -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
2 hours -
Kudus sights ‘authority and kingship’ for elephant stool celebration
2 hours -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
2 hours -
Nana Aba Anamoah, Cwesi Oteng special guests for Philip Nai and Friends’ charity event
2 hours -
Environmental protection officers receive training on how to tackle climate change
2 hours -
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
3 hours -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
3 hours -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
4 hours -
Ban on smoking in public: FDA engages food service establishments on compliance
4 hours -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
4 hours -
GEPA commits to building robust systems that empower MSMEs
4 hours