PPRuNe Forums - View Single Post - Could British Airways really go bust or not?
Old 21st Jun 2009, 09:37
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Desert Diner
 
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The chances of BA reaching the point where Chapter 11 is the only option are pretty low though.

This snipet from the article is probably a bigger minefield for Willie. I would say he has a greater chance of alienating the unions than gaining concessions.

Seasoned airline watchers say not, accusing Walsh of having an ulterior motive. His apocalyptic missives, they say, are designed to soften up BA’s unions during crucial talks about cost-cutting.

Walsh wants big concessions – and an air of crisis will help. This month has brought voluntary pay cuts from pilots and engineers (pilots still have to vote on the plan), but the battle continues with ground staff and cabin crew. Walsh wants it sorted out by June 30. Industrial action this summer cannot be ruled out.
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