IAG: BA restructuring may cost 12,000 jobs

[Walnut]

Walnut

Originally Posted by 777JRM

Looks like things might be picking up sooner than expected?
https://www.businesstraveller.com/bu...eekly-flights/

Just demonstrates BA’s land-grab opportunism.

This thread has been suggesting Veuling May be in line to be parachuted into Lgw. Is this likely as most of its workforce would be ineligible to work in the the U.K. when Brexit is finalised in December
So there will be no free movement of people and interestingly also Capital. The current split of assets in IAG according to WW. 66% BA, so with the share price at around 165p that means the U.K. government could take a stake at 100p a share.
WW stated one of the reasons he wanted restructuring is to allow him to compete with state funded EU carriers,eg Lufthansa and Air France. So as the U.K. must have a national carrier (even a combined Virgin EasyJet option would not have the reach) it seems a Government stake should be considered
After all already the Government has taken controlling stakes in the rail network the bus network and recently in TFL to ensure these essential transport links remain
i suggest that the H of C Select Committee ask this question of the government minister when she appears before them next Wednesday 20/3/20