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Old 25th Dec 2006, 19:00
  #77 (permalink)  
ETOPS
 
Join Date: Apr 1999
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As I understand the rules today, EK could only buy 49% of BA which is not a controlling interest. Any more and the Yanks would pull our Bermuda 2 approval thus killing the most profitable routes. (Thats JFK etc not BDA for our famous misunderstanders ! )

Then there is the pension deficit which EK would have to assume in proportion to their stake.

Then there's BALPA and our "sacred" scheduling document.

Then there's our well motivated and hardworking ground staff .

I won't even begin to tell you about the CC ( currently ballotting for a strike)

Until all those issues are sorted I wouldn't get too excited.....
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