PPRuNe Forums - View Single Post - BA flies back into profit
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Old 2nd Aug 2002, 21:45
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Land ASAP
 
Join Date: Jan 2002
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Someone explain why "Profits exceeded City expert forecasts" yet the share price went down 7%?

In response to what Notso said, we're ALL to blame for our own supposed Archaic agreements, its just that no-one in BA but the pilots can claim to have achieved a 25% improvement in productivity, whilst at the same time shaving millions off their budget.

There may be a number of 'front line' departments who have had their numbers whittled down to unmanageable levels, but their agreements are still cast in the stone that they were carved in 20 years ago. Particularly the Mainline Cabin Crew. Worldwide agreements are an embarrasment to the company.

For the media - A British Airways Stewardess with no title such as Purser or Cabin Service Director, will earn over £600 to operate to Tel Aviv and back on one day. They will then be guaranteed 3 days off for their troubles. Now that's Archaic! Your response, MainFrog2?
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