PPRuNe Forums - View Single Post - BA pilots 'prepared to strike'?
View Single Post
Old 10th Apr 2006, 14:31
  #517 (permalink)  
Fargoo
 
Join Date: Mar 2005
Location: England
Posts: 730
Likes: 0
Received 0 Likes on 0 Posts
Unfortunately all this talk of the london eye is rubbish too.

Tussauds paid BA £95m and in return BA wrote off the £175m debt it was owed from the Eye.
This debt was built from £48m that BA loaned the Eye to get up and running and interest on the loan at 25%. Seeing as this interest was eating up all the profits it was a smart move to take the £95m and run.

As for BA closing and restarting - dream on
Fargoo is offline