PPRuNe Forums - View Single Post - British Airways heading for a £1bn loss- a record amount?
Old 1st Feb 2010, 17:28
  #39 (permalink)  
LGS6753
 
Join Date: Jul 2003
Location: Under the flight path
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A great company to work for, but terribly managed.
I presume Cargo Clown means that BA people are overpaid, and somehow blame their current predicament on the current management?

FWIW my take on BA is:
1. it was so successul in the Eighties, just ater privatization, that its old-fashioned union-dominated working practices were not challenged. Now the cost of that luxury is coming home to roost.
2. Under no circumstances will it be bailed out if it has terminal problems.
3. The person who made the biggest contribution to the pension deficit was one G. Brown, who has raped all private sector pension schemes since 1997.
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