PPRuNe Forums - View Single Post - BA to Call In Receivers?
View Single Post
Old 6th April 2002 | 19:54
  #9 (permalink)  
J-Class
 
Joined: Nov 2000
Posts: 112
Likes: 0
From: London, UK
Crashed & Burned, I think you need to fire your financial adviser sooner rather than later...

BA are not in great shape - their debt has been downgraded to junk (non-investment grade) rating, so clearly there is much more risk in the business than there was two years ago. And clearly BA has much to do if its share price is going to stage a significant recovery. But there is really no reason to believe that any financial crisis is imminent and your 'financial adviser' should not be scaremongering in this fashion.
J-Class is offline