PPRuNe Forums - View Single Post - Iberia to Lose 4500 jobs - 25 airframes
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Old 28th Feb 2013, 07:35
  #564 (permalink)  
Hand Solo
 
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Originally Posted by Watersidewonker
BA's share price remained steady at approx £2-£2.20 during the ffs, then rose to £3 on IB merger. It was after the merger in September 11 that it hit £1.26
Ah bless, you're chopping and changing your posts so quickly that you've gotten confused again! Let me help you as it's clear finance isn't really your thing. Firstly, there was no 'BA share price' during your little tiff about the CSD pushing a trolley because BA had been subsumed into IAG. There was only an IAG share price. Secondly the BA share price slumped to 115p after the economic crash in 2008 and it was only the slow, deliberate strategy of cost cutting that allowed it to recover somewhat over the subsequent years. Your tiff was only a small part of that process. I appreciate that for you and your ilk it was an earth-shattering, epoch-defining event, but for the wider world it wasn't really, it was just a prolonged, tedious and ultmately doomed industrial tantrum. You really need to look at the wider context of how BA and subsequently the BA OpCo has been run since 2008 to understand whats going on. Looking at it through the prism of 10 months of cabin crew tantrums isn't going to help you understand who did what and why. The world didn't revolve around your strike.
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