PPRuNe Forums - View Single Post - BA managers in £100M windfall bonus
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Old 7th October 2002 | 15:39
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fiftyfour
 
Joined: May 2002
Posts: 156
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From: uk
I would guess that 2/3rds of any money that BA doesn't actually have and has fortunately not had to spend on a redundancy package, will go towards paying interest on it's huge debts. Last accounts showed £5.9billion in debts, and 2/3rds of all revenue goes on servicing these loans.
I hope every redundant person gets every penny due, and more, because the management of BA has been a disaster. I doubt it has been due to individual persons at crew level, but collectively it's been a cock-up.
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