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View Full Version : Interesting quote for those of us facing le chop


52049er
31st Oct 2001, 18:13
From BAA.co.uk

BAA chief executive confident in future of airports
29 October 2001

Announcing BAA's interim results today, chief executive Mike Hodgkinson, expressed confidence in the future of airports. He said:

"Although the aviation industry is currently experiencing significant disruption to passenger volumes, we are confident that, in the future, growth will return to those markets currently depressed. Passenger traffic has initially fallen less sharply in percentage terms than it did in the Gulf War but it is impossible to predict the length and profile of the dip."

"Passenger traffic has initially fallen less sharply in percentage terms than it did in the Gulf War" - thats not really the story Im getting from my management team, who were until Sep 11th facing calls for 25% pay rises...........<scales fall from the eyes>

Porky Speedpig
31st Oct 2001, 18:17
BAA count all passengers as the same (they all go shopping together) - they do not care that 50% of the aircraft is occupied by staff, people on 3 for 2 Business class deals, Kids Go Free, Half price Concorde fares etc etc....All the bank manager counts is the revenue, not the bums on seats.