PPRuNe Forums - View Single Post - john frohnsdorff elected BALPA General Secretary
Old 30th Jun 2002, 10:57
  #104 (permalink)  
airrage
 
Join Date: Jun 2001
Location: London, England
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High Volt,
I do have broadband, sorry to be long-winded. I can reassure you I am taking up residence in the new BACouncil Forum. Just felt the need to wrap things up a bit here first.

Peter,
Agree BA are no-where near going bust. Before we boar non-BA people here, I am trying to move posts on this issue to the BACouncil Forum. However this might be slightly interesting for everyone including doom monsters, Rod in todays paper says;

"Would even a mini-repeat of 11 September kill BA?

Eddington reckons BA's buffers are so strong that it would have to be 'twice as bad as 11 September or the Gulf War' - if that is imaginable - in order to scupper the carrier by blasting a £2bn hole in its revenues. He reckons BA has £1.2bn of cash reserves 'to hand', £600m in available (banking) facilities together with 'substantial assets that we could liquidate if we wanted to' - and is nowhere near even contemplating a rights issue.

Martin, keep up the good work in the LOG.

Bye ye-All !!!!!
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