Originally Posted by
ILS27LEFT
The UK Government is taking this issue very seriously as BA action could trigger an extremely dangerous chain reaction across many other companies, BA will be stopped by the Government whatever it takes. Unions' existence is also at stake here so this is an historical moment for the future of the UK economy and its workforce.
If Willie Walsh and Alex Cruz genuinely believe that BA will be losing money after the COVID19 crisis will end, then they are very welcome to transfer ownership back to the UK Government which would be extremely happy to take over BA with its long term profitability.
Could you reference anything confirming your statement about the government's reaction to BA proposals ? Are you actually in the government to know that they want to re-nationalise BA ? How does that work anyway ? Cash is going to be tremendously short and BA is not available (
AFAIK ) as a stand-alone stock-market share. It is IAG which includes Iberia, Aer Lingus and others, so all kinds of EU sensibilities being touched upon.