Originally Posted by
BigFrank
Well you are clear in your mind that "extraordinary circumstances" do not obtain. And you tell us, with the utmost confidence, that the UK CAA shares this opinion.
I wonder whether Willie and Alex, not to mention Antonio, Enrique, Dame Marjorie and the Baroness will be impressed.
Where was it, again, that you said that you had studied European Commercial and Administrative Law?
It is an open and shut case. Airline system was not resilient to power failure and resulted in complete shut down at major hubs in UK. No other airline had problems therefore the issue was unique to the information systems of BA.
Estimates in the press currently range from £150m to £190m. If you add to that loss of potential pax and the extra advertising necessary to recover the brand for BA and the shares mark down . I would think conservatively £300m loss is not unlikely. About the same as 2*A321Neo or 3*737Max 8s or 100 times Cruz's salary. He does not appear to have been a good choice for BA.