PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 6th Mar 2009, 18:40
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JB007

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Good luck to you, but be aware...

£400 million of synergies identified.
This is just HUGE, and I mean colossal...i've just been through a merger with a plan for £100 million of synergies, this eventually became £150 million...a merger between BA and Iberia could easily become £500 million overnight, maybe even more...have a serious think where airlines are going to make savings...you cut airframes and you can reduce personnel, from Ops to Engineers, from Cabin Crew to Pilots...

Have a long hard think before spending any of your cash, because, and I personally don't buy into the doom and gloom shenanigans, it is what it is, you adjust, but as a 200 hour fATPL holder...you ain't gonna get a job...end of.
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