BA Profits Drop 88%
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BA Profits Drop 88%
From the BBC News Website
BBC NEWS | Business | Soaring fuel bill hits BA profits
Think it's going to be a time when crew and staff will have no choice but to except new terms that BA will probably bring in in order to cut costs given the news.
Sad really but no doubt BA will pull through it somehow.
BBC NEWS | Business | Soaring fuel bill hits BA profits
Think it's going to be a time when crew and staff will have no choice but to except new terms that BA will probably bring in in order to cut costs given the news.
Sad really but no doubt BA will pull through it somehow.
I guess right now Mr Walsh and his merry gang of so called managers will be brainstorming ideas on how to 'outsource' various departments, similar to the cabin crew idea that was discussed in length elsewhere on this forum.
It will be interesting to see what he does next
It will be interesting to see what he does next
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I suppose if you factor in that a few years ago (I think) they were making losses of a few hundred million, then its probably a good sign that there still making a profit.
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Also worthy of note is our "cash reserves",not sure if it's £2 billion or more?.....I expect many other airlines would love to have this sum of money in the bank at the present time!!
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Quote - "BA is looking at what long-term measures it will need to take to survive a fuel environment of $110 to $150 a barrel and to deliver sustained profitability."
Expect anything and discount nothing.
Mark.
Expect anything and discount nothing.
Mark.
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What a level head thread when you compare it to any with FR. They would be going bust, laying off 12,000 and eroding T&C's by the 7th post!
There will be 5 airlines coming out the recession still in the black, FR, BA, KLM/AF, Easy and Luft! All leaner and more efficient. Including an already anorexic FR!
Back on the diet pills for me!
kempus
There will be 5 airlines coming out the recession still in the black, FR, BA, KLM/AF, Easy and Luft! All leaner and more efficient. Including an already anorexic FR!
Back on the diet pills for me!
kempus
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What a level head thread when you compare it to any with FR. They would be going bust, laying off 12,000 and eroding T&C's by the 7th post!
