overstress said -
Being taken over by Tata?
.
For Tata, read Open Skies. Interesting also to see my old pal Tandem suggesting that BA is in terminal decline but that he'll pull the roof in anyway. I seem to remember he said something similar about maintaining the Pension Scheme.....
(I'm very surprise the regulator doesn't pick up on the shambolic state of the maintenance as alleged by Filler Dent.)
Great post by markl again, I rather think that BA has
already become a music hall joke - the BALPA problem is trying to drum up public sympathy for people with six figure salaries - it just doesn't work. Doubtless some on here will say that public support is not needed, doubtless some will think that the letter to the City will work. The City will only change its view when profits are seriously affected on a future basis, and BALPA have a habit of caving to management and calling it a win. True, a genuine strike, (if legal??
), (if fully supported
), would certainly concentrate the minds, but by then it would effectively be too late, because the damage that would do to the perception of the fare paying public would be truly gargantuan!!!! The other problem of course is that having a six figure salary is all very well, but it tends to involve a similarly matched mortgage and/or alimony payments, school fees, the loan on the Porsche, etc etc. The strike fund won't cover much of those.....
Dead interesting to watch though, I have zero symapthy for Walsh having seen BA destroy my last but one employer. Trouble is, I have negligible sympathy for BA pilots either, having watched them prioritise narrow self interest against fellow professional aviators in the same Company ownership. In Shakespearian terms, they deserve each other - a plague on both your houses!
I imagine shares in Bmi etc will be looking good whatever happens....hopefully OS will end up being publicly quoted too.
