PPRuNe Forums - View Single Post - British Airways - CC Industrial Relations Mk VI
Old 13th Mar 2010, 20:26
  #2772 (permalink)  
Pitts2112
 
Join Date: Dec 2003
Location: Massachusetts Bay Colony
Age: 57
Posts: 476
Likes: 0
Received 0 Likes on 0 Posts
BA govenment bailout will not happen

Just to put to rest anyone's idea that the government would not let BA fail and would bail them out, when I was a senior manager at BA after 9/11, Rod Eddington asked that very question of the government and was told, in no uncertain terms, that BA and all UK airlines were on their own - succeed or fail as you and the market dictate. There would be NO government assistance.

Times have changed in the 9 years since, but the Government hasn't.

If BA is not a viable company on it's own, then it will be allowed to go to the wall. Do not think the government is going to bail you out.
Pitts2112 is offline