Heavens, just read the Sunday Times article on the state of BA:
Share price now lower at 113p than when the company was floated in '87.
Out of the FTSE.
Total value put at £1.2Billion which is what branson got as valuation for Virgin three years ago when he sold half to Singapore.
BA company bonds trading at 76% of face value.
Standard & Poor rate BA as BBB- which is one level above 'junk' status apparently.
I hear that the company is sitting on a pile of cash and liquifiable assets. However, is it now a distinct possibility that BA will fail?
Obviously one hopes not.
Ben.