Bay Capital Share Discussion Threads

[exbacrew] 22/4/2010 12:13

Alphorn - please read it again - it states clearly 'Blacklisting' is where an organisation collects information on trade union members to enable that organisation or others to treat workers or job applicants less favourably

I dont think a payroll list is included in that do you?

[alphorn] 22/4/2010 12:02

cat - so long as it doesn't trigger another.

On the positive side the current eruption may have helped to reduce pressure.

[cat100] 22/4/2010 12:00

"Waiter, waiter, there's some dust in my soup!""Yes, sir, it's a no fly zone."

[cat100] 22/4/2010 11:55

Is this true?
New Iceland Eruption has Strengthened and Ash Cloud headed toward UK per Handelsbanken note- air traffic shutdown possible

[alphorn] 22/4/2010 11:53

exbacrew..don't they also have lists to pay staff - called a payroll?

[volsung] 22/4/2010 11:49

WW is trying to act tough like that ryanair prat LOL

[exbacrew] 22/4/2010 11:46

shauney2 - WW has stated a number of times that staff travel concessions will never be given back to the strikers - however a new law came into effect on 2nd March which states clearly:

Blacklisting trade union members

'Blacklisting' is where an organisation collects information on trade union members to enable that organisation or others to treat workers or job applicants less favourably because of their trade union membership or activities.

In the past, trade union blacklists have focused on prominent trade union members, for example shop stewards or other workplace representatives. However, they have also identified ordinary members.

From 2 March 2010, it became unlawful for any individual, business or other organisation to compile (draw up), supply, sell or use a blacklist.
It also became unlawful for an employer to:
- refuse you employment for a reason related to a blacklist
- dismiss you for a reason related to a blacklist
- subject you to any other detriment for a reason related to a blacklist (eg refused you a promotion or pay rise)

Quite clearly those who went on strike are on a 'list' somewhere and as they no longer have Staff Travel they have suffered a detriment - therefore it appears that BA are breaking the law - I can't see BA winning this argument and I think WW will have to give Staff Travel back to those who have suffered a detriment

[schosam] 22/4/2010 11:41

no reason why any airlines should receive compensation. business is risk. rough with the smooth.

[shauney2] 22/4/2010 11:39

exbacrew...Any deal will have to include a reinstatement of travel concessions on Unites part.
Now Willie has said more than once that they will never get them back.

Do you think he will back down?

Ps good to see the chief exec of Virgin saying the goverment should compensate airlines for lost revenue.Notice it wasn't Richard Branson who in the past has said BA shouldn't be given a penny to help them.

[alanrex] 22/4/2010 11:19

thanks exbacrew.

[exbacrew] 22/4/2010 11:14

MAXIMILLIAN1 - no announcement for another two weeks at least - the members wont see the document until Tuesday 27th - then they have 5 days to vote

[maximillian1] 22/4/2010 10:35

strike over will annouce ...12 noon...imo

[maximillian1] 22/4/2010 10:00

Anon are you about ?

[volsung] 22/4/2010 09:35

I support the Unite workers. Stuff the management

[wow400] 22/4/2010 09:19

I think Unite would love to accept the BA deal (& end pressure from the Govt & other Unite factions) but the hardliners in BASSA (who feel they have very little to lose) are not so wiling to capitulate.....

I hope WW doesn't back down on his promise that the strikers will never get their staff travel back.
Be a sad day if he does....

[horus22222] 22/4/2010 08:46

It reads to me as if Unite are shifting focus and in general accepting the BA terms. They are now going to concentrate on the lost perks and 50ish staff who are subject to disciplinary hearings related to the dispute. I am not 100% sure but believe many are shop stewards or senior members of BASSA.

[alphorn] 22/4/2010 08:32

The cross channel ferries certainly improved once the Unionised workforce was changed following the long drawn out strike years' ago.
Unite need to work to improve the long term viability of the company so that its total workforce can benefit. (There is little point in having an overpaid cabin crew if there are no planes).

[indieman] 22/4/2010 08:30

An interesting sideways look at the volcano issue-

On the morning after the initial eruption, I am sure I heard an 'expert' say that they had great confidence in their forecast of the ash cloud's position and direction of movement. He said this great confidence was because all relevant countries' weather bureaus said the same thing because they all used the same software. In other words they got the same result from the same model.

If true, it brings into question the intelligence of the forecasters rather than the government's response to the situation.

[exbacrew] 22/4/2010 08:04

Cabin Crew dispute update - Discussions are ongoing to try and find a settlement and this could potentially continue until next Tuesday 27th April. Once the Union have the proposal they plan to run an online ballot lasting 5 days regarding the latest BA offer (once they have their answers to questions) - they are letting their members decide.

[alanrex] 21/4/2010 23:30

interesting article on what levels of compensation could be given (nice to see it were limited if it were to be agreed)

[alanrex] 21/4/2010 23:24

Easyjey claiming £50mn, Lufthansa claim nothing... (the latter is reassuring as they are a large airline.)

[alanrex] 21/4/2010 23:19

Analyst Sees Volcanic Ash Reducing Airline Cash Flows

By Amon Cohen

APRIL 21, 2010 -- Airlines may have to reduce fares to win back passengers after the volcanic ash crisis, a leading aviation financial analyst has told BTN. Chris Tarry also warned that carriers with limited cash reserves will be tested severely by the events of the past week, which cost the world's airlines more than $1.7 billion in lost revenue up to Tuesday, according to the International Air Transport Association.

Airlines may be tempted to raise fares to make up for lost business, but Tarry, an independent U.K.-based analyst, said this is impossible in the present economic climate, and the opposite is much more likely. "Globally, the airline industry only has to raise fares by an average of $15 to put itself on a healthy footing, but underlying demand is still weak even though we are through the trough," he said. "Unless there is more capacity discipline, they are not going to get fares up, and that is not going to happen.

"When crises like this are raised in the travel psyche, they tend to stay there for a while, so airlines may have to reduce fares as they have done for similar situations in the past," Tarry said.

Scientists have warned that the ash may return, the threat of which could deter discretionary travel over the next few months. That will concern airlines, which Tarry said have taken a big hit owing to lost revenue and additional costs associated with repatriating stranded travelers. "People talk about the impact on profits, but cash is the real problem," said Tarry. "BA made a big point this week of saying it has £1.7 billion of cash reserves and access to lines of credit, but for other airlines the situation is more serious."

With airlines already forecast to lose $2.8 billion in 2010 before this latest crisis, speculation is likely to intensify that carriers will resort to extraordinary restructuring measures, such as mergers. They are requesting government compensation, partly because many believe the shutting of large swathes of European airspace for six days was an overreaction.

"The scale of the crisis eclipsed 9/11, when U.S. airspace was closed for three days," said Giovanni Bisignani, IATA director general and CEO. "Airspace was being closed based on theoretical models, not on facts. Test flights by our members showed that the models were wrong."