PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 4th May 2020, 17:34
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The Blu Riband
 
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Originally Posted by Kev Agamemnon
IAG have cash and cash equivalents of EUR 7.2 bn
Ok.. so BA have a significant liquidity

Shareholders may want a return, but remember BA didnt pay a dividend for decades until last year; and any decent investor should be prepared to ride this cycle and look to the med/long term when BA should have a good (possibly better) chance of performing as exceptionally well as the last few years.

Panicking now could result in a significant loss of future market share. Aside from the moral issues of treating staff/people like disposable pieces of sh1t!

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