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Old 7th Apr 2006, 22:21
  #502 (permalink)  
Shuttleworth
 
Join Date: Jul 2002
Location: manchester
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BA CAN AFFORD TO PAY

It's accepted that they have assets of 2.4 Billion that are not used for operational reasons.
Profits , already £450Million (before tax ) are within 4 years likely to approach £1 Billion as the company hits a 10% margin.
The facts are that LHR is a goldmine. BA is an inefficient, clumsy, poorly run company and has the potential to make even more money.

It has been paying down debt at a rate of over £1 billion per year since 2001.

Recent share movements show the sentiment ;
http://www.advfn.com/p.php?pid=stati...&cb=1144448422
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