All I said was that BA is not performing particularly badly (following T5 decline) compared to the FTSE and that the markets are so far not as bothered about it as others maybe.
BA probably does have its problems, I have no position on them.
Over the longer term BA shares might have lost value (or has it corrected itself to a more reasonable value... that is something that financial analysts can argue over as share price is normally something someone is willing to pay).
Things go up and down, just look at Ryanair's share price vs BA's vs ftse for example on a % basis.
http://finance.google.com/finance?ch...IRF&q=LON:BAY&
But I don't care
And I don't work for BA either. Or any of the companies mentioned in this post.
Maybe BA hopes the Yanks will come and save it (from last night's news wire)
NEW YORK, April 2, 2008 (PRIME NEWSWIRE) -- A great opportunity to visit Europe this summer, with an added $50 bonus offer on land arrangements, is being launched today by British Airways.
Roundtrip airfares begin at $378 between New York (JFK or Newark) and London, with comparable sale fares available to other cities including Brussels, Paris, Amsterdam and Prague.
Travelers also have the option to upgrade to World Traveller Plus, the airline's premium economy cabin, starting from $125 each way from select U.S. gateway cities to London.
Travelers purchasing roundtrip tickets within this period will also receive a $50 discount per person on land arrangements throughout Europe, including hotel, car rental, airport/hotel transfer and sightseeing, such as London Sightseeing Pass, Paris Express City Tour, Amsterdam City Sightseeing Tour, and the Prague Vltava River Lunch Cruise.
Fares are available for sale through Thursday midnight (EDT), Apr. 10, 2008. Travel is valid from Apr. 8, 2008, through May 25, 2008. Sale fares are also available for travel May 26, 2008, through Sep. 3, 2008.
Further information on this promotion and other British Airways offers are available by visiting the airline's website,
www.ba.com/april.
Comparable airfares are available from all 18 British Airways' U.S. cities to destinations across the U.K. and Europe. Sample roundtrip fares include Boston/Brussels starting at $495, Miami/Zurich beginning at $723, Dallas, Ft. Worth/Frankfurt starting at $623 and Denver/Istanbul starting at $879.
World Traveller roundtrip fares must be booked and purchased seven days in advance and are nonrefundable. World Traveller Plus roundtrip fares must be booked and purchased 21 days in advance. Fares may be higher for other travel dates, from other U.S. departure gateways and to other destinations. Weekend (Thursday-Sunday) surcharge applies at $30 each way. Fares are subject to government approval and do not include government fees and taxes from approximately $165 to $250 and a $2.50 September 11 Security Fee. Minimum stay of Saturday night is required and maximum stay is 11 months. $50 savings must be purchased with British Airways roundtrip published airfare originating in the U.S. Other significant restrictions apply.