PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 29th Jul 2020, 19:13
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777JRM
 
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Originally Posted by Northern Monkey
Not to mention the practicalities of being an island trading nation with no connections to the outside world.
You forgot shipping.
Maritime presence helped create the world’s largest empire.

And it still goes on: have you seen the size of some of these ports, especially in China?!

But I agree: maybe a rights issue, Qatar join in to lower their average price (they say they are in for the long-term), maybe the UK govt too if they spy a profit for the taxpayer.

IAG Cargo appears to be doing well, increasing their prices during Covid, and their LHR facility is as big as T5!
With a monopoly of slots at LHR, I wouldn’t write them off just yet.
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