PC767 said:
Even though BA's only loss has occurred under Walsh's tenure.
Something to do with a massive global financial crisis, methinks.
He also presided over BA's biggest ever profit in 2008.
So is there some kind of point you are attempting to make here? If so, could we please hear it?
From 17th May 2008:
BA staff secured a £35m windfall yesterday after the airline hit its 10% profit margin target for 2008 but analysts warned that the coming years may be bonus-free as a high oil price and a weak global economy pose a fundamental threat to the industry.
Willie Walsh, BA's chief executive, reiterated his determination to guide BA through the storm as he atoned for the Terminal 5 fiasco by waiving the £700,000 bonus he should have received for overseeing pre-tax profits of £883m.