DB
All power to your elbow.
However, we have just accepted volountary redundancy from 500 managers, and more will go. We are grounding aircraft, (737, 747, and 757) cutting back heavily on the flying programme, forward bookings have fallen off a cliff, and our major corporate customers are being hung out to dry. Oh, plus the share price has halved in 3 weeks, and we are 'apparently' losing £2.6 million per day.
Where do you imagine BA will find the money for a new fleet??
OK. I grant you. We continue to hose down our other wholly owned subsidiary (Open Skies) but how long can that survive??
As far as positioning BACF for the future is concerned, is there any other airline investing in E170/190 for LCY ops at the moment?
Or are they all sticking with what they've got?
