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Old 29th December 2007 | 11:07
  #106 (permalink)  
vs_lhr
 
Joined: Nov 2007
Posts: 138
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From: UK
Vs LHR , are you a manager per chance ?
No, but I note you are sniffing around your usual modus operandi of accusing anyone who doesn't agree with your opinion of being management or a plant. In fact, you've already asked me; so I suspect you include it here as another attempt.

My quote is direct from the letter full fo waffle , the bit I chose to quote is the bit that really annoyed me, straight from the letter, not a fantasy.
Branson's quote was straight from the letter. Your interpretation is emotive fantasy.

As for nothing mroe being affordable.... man now he sounds like one of the lying managers that said the company couldnt afford anything more than 2% !
So, you clearly believe VS has unlimited resources and able to pay any demand at your whim? If you care to think about the numbers, and look at the impact on the business, you'll realise there has to be a final offer. If, say, the average wage of crew is £15K (across a range of £12K - 22K, weighted toward the bottom), with 4500 crew every 1% is an extra £810K, inc NI the company has to add to its annual budget. That has to be paid for through better efficiencies and cost savings. Perhaps the original offers were the maximum affordable before other savings or concessions are made. There's only a finite amount of that you can do before the bean counters say it's unsustainable - and bear in mind this is an annual cost that grows at a compound rate.

As you're so sure the company can afford more, I'd be interested to hear your numbers. And please don't suggest Branson can dip into his own pocket - what will he do next year, and the year after that? I know, my father bought some shares in BT a few years ago, maybe they can ask him to sell his house to help support an extra couple of percent for telephone engineers.
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