Amazon I never said the company was up for sale.
What is obvious from anecdotal evidence from colleagues around the country (absence of J41 rosters for example), statements made to Cabin Crew at NCL, press turning up to PLH and a whole host of other incidents is that some major shake up is happening-somewhere along the lines of the speculation on this thread.
It has been daily apparent that this lot are out of their depth in running a multi-based, multi-type regional airline so some form of slimmimng down and hiving off of readily disposable bits is totally logical.
My speculation is based upon these observations and that there are more than one third parties involved, one of whom is going in for the kill at 5 minutes to midnight because he knows that these incompetents have backed themselves into a corner and have to do the deal-whatever that is at any price. I supect that that is why we are all being left hanging now.
I am sorry, I think CitiExpress has been a total disaster. In terms of morale, career opportunity and job satisfaction.
We have been messed with not once, not twice but now three times in quick succession and are governed by those elements of BRAL which contained the worst that that company had to offer now with a goodly measure of some high level BA incompetence thrown in.
Out of the former profitable companies of BRAL and BRYMON there has been created a giant which thanks to the attachment of BAR is now losing money.
As to the share price issue, The price that BA stock is quoted has no bearing whatsoever on the day to day performance of the business.
It is a measure of the effectiveness or otherwise of the company to give a return to those who buy bits of paper with BA's name on. As such, BA senior managers consider the price an indication of their machismo and corporate virility. In reality it is utterly irrelevant to us.
The point that I wanted to make was that the recovery of the price over the last few weeks seems remarkably coincident with these forthcoming announcements. So much for all this BoŁ$ocks about secrecy.......the city know exactly what is happening already I suggest.
Now I wonder how?
If these brokers really knew what was going on I wonder what view they might now take?
BA and CX are sick companies which need a very hefty dose of some strong corporate medicine in the guise of the obliteration of several layers of apalling mangement.