PPRuNe Forums - View Single Post - Pilot shortage hits BA.
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Old 22nd Jun 2005, 14:38
  #118 (permalink)  
Re-Heat
 
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Especially as BA have said that they wont buy any new aircraft until all their debt is paid off. (so they can finance new aircraft at non junk bond rates)
Maxy101 - what a load of rubbish - elimination of debt is financially stupid with interest rates at low levels. The plan was a lowering of debt to more reasonable levels.
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