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Old 4th Nov 2007, 20:55
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tornadoken
 
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British Caledonian Airways provided the new name of the merged entity, dropping just one word. The responsible Minister, N.Ridley,P.76, Memoirs, described (allowing) the takeover as "wrong". 7% of BA's revenue had been assigned by Govt. to give the Second Force a fighting chance (W.Africa, S.Africa, Houston). Lord King was then tasked to take British Aeroflot off the taxpayers' cud, needed revenue growth to dilute his unit costs, so made the shipping owners an irresistible offer, with taxpayers' money. Find Adam Thomson's High Risk. If that offer had not been made by BA, such that BR had still been active at Gulf War 1, then one of BR, VS, BD would have expired in the downturn.
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