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Regarding BA layoffs

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Regarding BA layoffs

Old 1st Nov 2001, 09:16
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Well guys a little birdy higher up a ladder than me tells me that BA are applying and undercutting everyone for flying the Hajj from all countries, so thats where all that Tax payers subsidies went!!!! I can just imagine all you Nigels extending Crew duty and fudging the paperwork to complete the task then min rest and up to do it all again. Big boys treading on the little guys again but hey good luck you will need it !!!!
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Old 1st Nov 2001, 15:52
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Old 1st Nov 2001, 17:39
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Fergineer, Ifyou're fudging the paperwork perhaps someone else should be doing it!!
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Old 2nd Nov 2001, 00:53
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And what taxpayers subsidies would those be then? Do you really think at the time Britain is helping to bomb Afghanistan were going to be trying to win the contract to carry thousands of Islamic pilgrims? Get real!
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Old 2nd Nov 2001, 01:57
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Hand, If your lot aren't trying you should be a little concerned because the rest are. That pompous attitude does not make good business sense. I would imagine its is fairly safe flying to Mecca with a full load of pilgrims, hardly a prime target.
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Old 2nd Nov 2001, 03:04
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World's favourite airline, eh?
You all must be SO very proud.
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Old 2nd Nov 2001, 11:43
  #47 (permalink)  
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And from the Haj back to the subject at hand...

From today's Telegraph:

BA staff give up pre-Christmas bonus

Thousands of British Airways staff are
forgoing their pre-Christmas bonus to help
safeguard the airline's future in the wake
of the US terror attacks.

The move, made in a "spirit of compromise" by pilots, cabin crew and other staff, will save BA around 15 million. A further 11 million is being cut from the pay of thousands of middle and senior managers.

BA said it intended to pay the bonus, equivalent to a week's wages, when its
financial position allowed, promising a review next May.

Chief executive Rod Eddington said the agreement took the company a "major
step closer" to safeguarding its future.

Most unions agreed that the bonus would not be paid this month, recognising that BA was experiencing "particularly difficult times" because of the slump in air travel after the September 11 outrage.

But the GMB broke ranks from the other unions and refused to agree to the deal, saying it would be taking BA to court for alleged breach of contract.

National officer Allan Black said: "Our members are now under direct attack by
BA. The airline is being cavalier in its response to the events of September 11."

BA said the GMB was standing alone in its rejection of the deal and the airline pledged to "vigorously defend" any court action.

Around 36,000 pilots, cabin crew, engineers and ground staff have agreed to forgo the bonus in a bid to protect the airline's corporate cash reserves.

In a separate move, 3,500 middle managers are being asked to accept a 5% pay cut and receive no bonuses next year to save a further 9 million. BA's board has taken a 50% cut in fees, directors have agreed to a 15% pay cut and 600 managers have been asked to take a 10% pay reduction to save a further 2 million.
 
Old 2nd Nov 2001, 17:12
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I read something on here about the BA board (or some group) having accepted their 15% pay cut in exchange for share options, but can't remember where...

Does anyone know any more about this, and if so is it from a reliable source or just gossip??
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Old 3rd Nov 2001, 23:25
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web page

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[ 03 November 2001: Message edited by: The Zombie ]
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