BA pilots 'prepared to strike'?
PPRuNe Person
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Just found an investment site...
http://www.iii.co.uk/investment/deta...tn:BAY.L&it=le
Plan to join myself to back up the couple of (I presume) pilots posting. Could some others from here register and voice their objections to some of the rantings by investors "who know it all"?
http://www.iii.co.uk/investment/deta...tn:BAY.L&it=le
Plan to join myself to back up the couple of (I presume) pilots posting. Could some others from here register and voice their objections to some of the rantings by investors "who know it all"?
Dec 14th is the next big meeting. There is sure to be action after that....
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Meeting has broken up for the day, apparently with progress being made.
Further detailled financial aspects to be discussed by the unions and BA over the next few days.
This MAY lead to a proposal being put by unions to their members.
Further detailled financial aspects to be discussed by the unions and BA over the next few days.
This MAY lead to a proposal being put by unions to their members.
Controversial, moi?
And just in case anybody was thinking how unreasonable it was for pilots to dream of protecting their hard earned pensions...............
British Airways PLC
22 December 2006
British Airways Plc (the 'Company')
Employee Share Schemes - Announcement of transaction in ordinary shares of 25p
each.
Exercise of options
The Company announces that on 22 December 2006 it was notified that, on 21
December 2006, options to acquire ordinary shares of 25p each in the capital of
the Company granted under the Company's Long Term Incentive Plan 1996 and Share
Option Plan 1999 had been exercised by executive directors and/or persons
discharging managerial responsibility ('PDMR') as detailed in the table below.
Table 1
Name Director/PDMR Number of shares Option price
Lloyd Cromwell Griffiths PDMR 97,147 Nil cost
Lloyd Cromwell Griffiths PDMR 127,388 157p
Lloyd Cromwell Griffiths PDMR 48,461 321p
Lloyd Cromwell Griffiths PDMR 29,473 380p
Lloyd Cromwell Griffiths PDMR 23,096 394p
The Company also received notification that the directors and/or PDMRs listed
below each sold ordinary shares of 25p each in the capital of the Company on the
London Stock Exchange as set out in the following table:
Table 2
Name Director/PDMR Number of shares Sale price Date of sale
Lloyd Cromwell Griffiths PDMR 97,147 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 127,388 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 48,461 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 29,473 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 23,096 521.44p 21.12.06
Sale of shares by employee trust
Even with my poor arithmetic I think the Director of Flight Crew has just trousered £1,139,072
Trebles all round, Merry Christmas Lloyd of course I will accept a greatly reduced pension.
British Airways PLC
22 December 2006
British Airways Plc (the 'Company')
Employee Share Schemes - Announcement of transaction in ordinary shares of 25p
each.
Exercise of options
The Company announces that on 22 December 2006 it was notified that, on 21
December 2006, options to acquire ordinary shares of 25p each in the capital of
the Company granted under the Company's Long Term Incentive Plan 1996 and Share
Option Plan 1999 had been exercised by executive directors and/or persons
discharging managerial responsibility ('PDMR') as detailed in the table below.
Table 1
Name Director/PDMR Number of shares Option price
Lloyd Cromwell Griffiths PDMR 97,147 Nil cost
Lloyd Cromwell Griffiths PDMR 127,388 157p
Lloyd Cromwell Griffiths PDMR 48,461 321p
Lloyd Cromwell Griffiths PDMR 29,473 380p
Lloyd Cromwell Griffiths PDMR 23,096 394p
The Company also received notification that the directors and/or PDMRs listed
below each sold ordinary shares of 25p each in the capital of the Company on the
London Stock Exchange as set out in the following table:
Table 2
Name Director/PDMR Number of shares Sale price Date of sale
Lloyd Cromwell Griffiths PDMR 97,147 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 127,388 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 48,461 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 29,473 521.44p 21.12.06
Lloyd Cromwell Griffiths PDMR 23,096 521.44p 21.12.06
Sale of shares by employee trust
Even with my poor arithmetic I think the Director of Flight Crew has just trousered £1,139,072
Trebles all round, Merry Christmas Lloyd of course I will accept a greatly reduced pension.
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If they strike, I'll be ready as a direct entry captain to step in to fly long haul.
What's a better roster, the B744 or the B777?
I'm typed in the B747-200, with 5,000 thousand hours in type at Japan Airlines. 18,000 total hours.
What's a better roster, the B744 or the B777?
I'm typed in the B747-200, with 5,000 thousand hours in type at Japan Airlines. 18,000 total hours.
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Well you'll be of no use to BA as they don't operate the 742. Not much chance of a conversion either if the trainers are also on strike. Best you stay where you are for now and keep applying if yuo want to work for BA...it will be in the RHS though if you make it in.
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http://business.timesonline.co.uk/ar...519520,00.html
.
Looks like the company picked a great time/set of figures to scare the staff into pension changes. I trust they will enjoy a long game when it starts???
.
See above link!!!
.
Looks like the company picked a great time/set of figures to scare the staff into pension changes. I trust they will enjoy a long game when it starts???
.
See above link!!!
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You'll be waiting a long time, given that your hoped for strategy of closing the company down and restarting it with new staff is illegal in this country. Of course if you believe that WW can force a change in the law when he can't even enforce his own uniform standards then you keep waiting sunshine.
PPRuNe Person
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if you believe that WW can force a change in the law when he can't even enforce his own uniform standards then you keep waiting sunshine.
I love these posts by people who failed selection and are 'standing by to take our jobs'. Happy new year everyone.
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Pilots may get beaten out of the gate
Strike vote 'regrettable' says BA chief
28/12/2006 - 13:02:31
The travel plans of British Airways customers could be disrupted “unnecessarily” because of a threatened New Year strike by cabin crew, the airline’s chairman has warned.
Martin Broughton said the prospect of industrial action at the end of January in a row over working practices, weighed “heavily” in the traditional season of goodwill.
Writing in the latest edition of BA’s staff newspaper, Mr Broughton said a ballot of cabin crew had the potential to cast a shadow over the festive season.
“In light of the agreements reached on fundamental changes to working practices with other groups of staff this year, it is regrettable.”
Mr Broughton said the dispute was in “stark contrast” to the way unions had worked with BA to tackle the firm’s £2.1bn (€3.1bn) pensions deficit, which was close to reaching agreement.
The Transport and General Workers Union is balloting 11,000 of its cabin crew members after claiming there had been a “serious breakdown” in industrial relations.
The result is expected in mid-January.
28/12/2006 - 13:02:31
The travel plans of British Airways customers could be disrupted “unnecessarily” because of a threatened New Year strike by cabin crew, the airline’s chairman has warned.
Martin Broughton said the prospect of industrial action at the end of January in a row over working practices, weighed “heavily” in the traditional season of goodwill.
Writing in the latest edition of BA’s staff newspaper, Mr Broughton said a ballot of cabin crew had the potential to cast a shadow over the festive season.
“In light of the agreements reached on fundamental changes to working practices with other groups of staff this year, it is regrettable.”
Mr Broughton said the dispute was in “stark contrast” to the way unions had worked with BA to tackle the firm’s £2.1bn (€3.1bn) pensions deficit, which was close to reaching agreement.
The Transport and General Workers Union is balloting 11,000 of its cabin crew members after claiming there had been a “serious breakdown” in industrial relations.
The result is expected in mid-January.
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Crocodile tears from BA.No surprise there then.Somebody tell us again,how much profit did the 7 BA directors make when they sold shares/exercised options recently?Did that get a mention in the Friday Firelighter?
PPRuNe Person
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hapzim:
Well how about Willie Walsh stating that our goodwill has no value, or words to that effect.
The more goodwill the pilots offer, the more it is taken. We give an inch and they try to tear our arms off
can you have the terms management and goodwill in the same sentence
The more goodwill the pilots offer, the more it is taken. We give an inch and they try to tear our arms off
