Deathwatch? Huge losses + strike threat = grim times for British Airways
Things are going from bad to worse for beleaguered premium sky-flyists British Airways. Formerly the pride of the heavens, they are quickly becoming a byword for failure and mismanagement and have just announced a £292 million loss before tax for the first half of the year. In the same period last year, they made a £52 million profit.
The timing of the announcement couldn’t have come at a worse time as relations between BA management and staff are at an all time low. Yesterday, the Unite union launched High Court action to try and prevent BA from bringing in new contracts for cabin crew and a forthcoming court case will decide the legality of the move.
The threat of Christmas strikes still hangs over BA as well, with the result of a strike ballot of cabin staff due to be announced on December 14th
None of that’s good news at all is it? God, hope it’s not going to be one of THOSE days…