Very mixed messages and i do not blame the unions for their lack of trust in any figures quoted at them by the company.
Well go and employ Deloitte / KPMG to assess the figures for yourselves then.
Put it this way - Club is busy now only due to upgrades and discounted tickets. When Club was full at £5,000 per seat return to NY, the loss of revenue compared to today if 30 of those seats are no longer sold is £150,000 now that those bankers and lawyers are not flying. Let's say it is £50,000 down in reality if those seats are being sold at 2/3 the price instead.
£50,000 down on each return trip per day. Across the whole longhaul fleet of c.110 aircraft - £5,000,000 per day (I ignore route variations if you ignore shorthaul revenue losses due to the same situation).
£5m per day down = £1.8bn down for six months.
Added to which, there cargo revenues are down, volumes are down across the board, and robber Brown is after more APD.
So the fine was covered easily at the peak of the market...now all this cash has disappeared entirely.
As a worker myself,i would rather see less well rewarded employees aspire to achieve more themselves,rather than rejoice at the prospect of seeing other workers having their pay and conditions eroded.
I thoroughly agree with you. Nobody is rejoicing. The piggy bank is empty.