Title says it all really…
http://news.bbc.co.uk/1/hi/business/8102862.stm
Besides the increase in the fuel bill, what are the ‘other costs’ that the report talks about?:confused:
I can’t say that I am entirely surprised really, as their recent financial results were terrible (£401m loss last year…:eek:!).
They will need to try anything and everything in order to stem the losses, however, they will need to be careful how they go about this, otherwise they could end up angering staff, the unions and may even end up having a strike on their hands, which will ultimately cost the company more and make the whole situation even worse.
That said, if BA’s situation didn’t improve, could it not ask for a bail-out from the Government, as it would be disastrous for the UK economy if an airline like BA were to go bust, although any talk of a bail-out would probably be frowned upon by the likes of BD & VS?!
By: Bmused55 - 22nd June 2009 at 12:20
Wow! A pay rise…….which they’d normally get every year.
Why the sarcasm?
There is a difference between a pay rise linked to inflation and one linked to profits and performance.
By: Skymonster - 22nd June 2009 at 10:15
In the internal paper they mention they are using more fuel efficient landings now to save money. How do you do this ?
Er… you stick the gearbox into neutral 10 miles out and cut a deal for the remainders with the nearest taxaco forecourt… ? 😉
Pretty close on the first part actually… CDAs…
http://www.caa.co.uk/docs/68/Basic_Principles_CDA.pdf
Of course, CDAs aren’t always easy to achieve when NATS insists on sending your aeroplanes into the hold at Bovingdon or Ockham (even though the doc suggests that the CDA should start after the hold, the ideal is a CDA from cruise altitude), but that’s another issue…
Andy
By: bloodnok - 22nd June 2009 at 08:39
They did increase employee wages during the “good times”. Just last year salaries were increased…
Wow! A pay rise…….which they’d normally get every year.
By: Ren Frew - 22nd June 2009 at 01:43
In the internal paper they mention they are using more fuel efficient landings now to save money. How do you do this ?
Er… you stick the gearbox into neutral 10 miles out and cut a deal for the remainders with the nearest taxaco forecourt… ? 😉
By: sneijder - 21st June 2009 at 19:12
Just to add some balance, the loss of earnings would be spread over a few months to ease things for volunteers. IIRC Quantas have done something similar.
I guess they’ll be asking external agents next.
In the internal paper they mention they are using more fuel efficient landings now to save money. How do you do this ?
By: MINIDOH - 20th June 2009 at 09:10
They did increase employee wages during the “good times”. Just last year salaries were increased…
By: bloodnok - 20th June 2009 at 07:10
I wonder when the Airline made a good profit if they increased employees wages……
By: MINIDOH - 19th June 2009 at 17:41
Erm, I think you will find that FR’s MOL did even worse than this when they started charging pilots for type ratings…
By: Hand87_5 - 17th June 2009 at 09:06
There is no limit to indencency……
Even FR’s MoL didn’t dare this one!!!
Next step is to have the employees to pay for working :rolleyes:
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June 16, 2009 at 9:19 pm