PPRuNe Forums - View Single Post - British Airways - CC Industrial Relations & Negotiations
Old 3rd Dec 2009, 21:23
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Carnage Matey!
 
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CFC- the fact that the savings target leapt from £82 M to £126M is solely due to BASSA failing to meet the negotiating deadline. It was made abundantly clear to all departments that targets would increase if they failed to meet the deadline. The fact that the first financial quarter ends on 30th June is a coincidence. The deadline date was set by Keith Williams in order to give him time to tap the capital markets before they shut up shop for the summer.
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