PoodleVelour:
I believe the debts came from 2 main sources, buildings (Waterside, new world cargo centre) and aircraft (buying 50+ 747 400s, 40+ 777 200s and then after that 60+ new Airbus for european routes). Not sure what the exact numbers are but they are probably on the BA website.
Add to that building and then dismantling a hub at Gatwick and the pensions liabilities and there's the problem.
Roobarb wrote:
"The solution is clear as a shining star, 24000 administrative non-operational staff need to leave"
But according to this recent article
http://www.guardian.co.uk/airlines/s...106942,00.html
there is now 46000 staff, 13000 have gone in the last 2 years and there are rumours of another 5000 this year. That makes a possible 18000 total to go. Is roobarb asking for another 24 on top of that, leaving 22, or 6 more to make 24 total, assuming that the rumoured 5 is real and the first 13 were all admin? And can there really be that many "administrative non-operational staff" left in BA? I think I read on these pages that some of the 13000 to go were engineers at Gatwick ?
My point is, it seems to me 22000 isn't enough for a company the size of BA so maybe the outsourcing european flying rumour has some truth ? If more people get sacked then at least some would have to come from operational staff wouldn't they?
Does anyone from BA know what the numbers are, how many admin are left after the 13 + 5 cuts ?
And also, what does "the worst offender, strike meat" mean, I don't know that term?