PPRuNe Forums - View Single Post - BA recruitment to recommence soon.
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Old 7th March 2002 | 00:08
  #36 (permalink)  
Peter Skellan
 
Joined: Dec 2001
Posts: 50
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From: Hereford, UK
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The thread was about BA recruitment. I chose to highlight the fact that this historically welcome event for UK pilots will, this time, be cause for scant celebration. I did this in my usual colourful manner. Hardly cause to castigate me.. .. .I would go on to add that a man would have to work for a poor company indeed if he longed to join another that:. .. .i. Is geared at 300% i.e. owes 6 billion but is only worth 2 billion. .. .ii. Recorded their best ever profit last decade of 550 million (see above). .. .iii. Pays interest on its debt at the rate of any Junk Bond company you care to name. .. .i.v Has a pension fund of 9 billion that is rather too small to cover its liabilities under FRS17. .. .v. Has the worst industrial relations of any airline in the country.. .. .Mind you they do have a lovely diverse of modern aircraft to fly. Which is nice. I suppose.. .. .PS
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