Bay Capital Share Discussion Threads

[machiavellianindian] 25/6/2010 18:32

deary deary me it's the phantom of knowledge :)

[maximillian1] 25/6/2010 18:30

Post 10102 on the other Bay thread seems to know what he is talking about ..lol

Why 2 threads with the same handle ??/

[anony mous] 25/6/2010 16:43

British Airways Makes New Offer To Union To Try To End Dispute
Friday 25 June 2010

British Airways PLC (BAY.LN) Friday said it has made a fresh offer to Unite, the union representing cabin crew, in its latest attempt to end a bitter dispute and prevent further possible strikes.

"We have changed our offer in line with feedback we have received from crew and we genuinely believe that it can end this dispute," BA's head of cabin crew Bill Francis said.

The U.K. airline said its offer includes two changes which address cabin crew concerns about their future earnings. It is offering a new top-up pay to existing cabin crew to guarantee they won't lose out on route allowances when newly recruited cabin crew begin flying in the autumn.

This means all crew will receive a "guaranteed minimum amount of variable pay, irrespective of the routes they fly," BA said.

BA has also withdrawn its offer to increase staffing levels on some flights, which would have been funded by a lower allowance level.

BA said the offer includes two years of guaranteed rises in basic salary from February 2011 as well as annual increment pay increases.

BA has been in talks for nearly 17 months with the unions. The ongoing dispute has led to 22 days of industrial action at a cost of nearly GBP154 million to the airline.

[exbacrew] 25/6/2010 16:29

Chancer - it starts at £11K plus flight pay

[maximillian1] 25/6/2010 14:08

This weekend ..would be an ideal time to settle the strike imho

Wonder if the city have rang Willy yet with the order to settle?

[chancer] 25/6/2010 09:14

Yes, starting at 18k plus perks, plus prestige, plus customer focused and of course B.A. focused. Also new tax incentives.

I am pretty sure that they will not be joining any of the associated unions ;-)

Thank goodness people are looking outside of the box.

The strikers will be begging for their jobs back, but unfortunatly, mud sticks and that was their demise.

I am sure McDonalds are always looking for recruitment and you get a uniform and free meals without having to leave the country.

[maximillian1] 25/6/2010 08:00

Anon

Good morning..still in play !!

long and a little annoyed...was expecting it to carry on at 219..never mind ..still going up in my opinion..just have to wait another week.. 18k to fly round the world..with smart tot-ti...do they take 57 year olds as the pension age has just been raised..lol

[bartram] 24/6/2010 14:12

With 2.5 million unemployed, BA will be knocked flat in the stampede for the new jobs.

[anony mous] 24/6/2010 12:21

LOL !

MAX might be interested, are you there ?

[shauney2] 24/6/2010 12:02

You applying Anon?
Better start mincing now;-)
18 grand a year!

[anony mous] 24/6/2010 11:51

WW makes this recruitment smart move, especially right now, when CC will be balloted; it will make them think twice about striking.

[alphorn] 24/6/2010 11:36

Good news for the company. Same as the Channel ferries some years back.

[anony mous] 24/6/2010 11:06

British Airways Launches Cabin Crew Recruitment Drive
Thursday 24 June 2010

Risking further confrontation with unions after months of strikes, British Airways PLC (BAY.LN) Thursday kicked off a cabin crew recruitment drive at London'sHeathrow Airport.

The U.K. airline plans to hire 1,250 cabin crew on lower salaries than cabin crew currently employed at the world's busiest international airport. BA expects new hires to represent about 40% of the total cabin crew in 10 years.

[gerryl] 23/6/2010 14:42

Was that good news about their pensions? Sounds like it?
Maybe Willie can use that as a carrot to bring them around ( doubt it though !! )
SP seems to be going up every week at the moment 9 but for how long ? )

g

[anony mous] 23/6/2010 12:33

and don't forget, tax credits for CC earning over £40k will be reduced, if not, zilched.
CC will be hurting financially.

although unite may be aiding with pocket money donated.
like tesco says, every little helps.
LOL !

[selborne_edge] 23/6/2010 11:52

Striking cabin crews must be feeling the financial strain by now, although I suppose UNITE must be providing a small measure of financial support. At some stage the strikers will get the message that they are not going to win this dispute and go back to work, if their jobs exist.

[chancer] 23/6/2010 09:20

Unite must be panicking by now. It seems they are trying to move the goal posts with regards to the ballot by adding further conditions to the resolution.

As for Unison members, they appear shell shocked by the Budget yesterday and were under the impression (scare tactics by the unions of course) that their pay was going to be cut like Greece.

What are they going to do with all them banners they had printed ???

Fortunatly, B.A. cabin crew (the genuine ones) are more intelligent than some public sector workers.

Judging by the amount of debt owed by individuals including credit cards, mortgage, loans and other extravagant expensive items purchashed, I am sure they will realise that when their is no money coming in how are they going to ward off the bailiffs.

[anony mous] 23/6/2010 09:11

Gerry
how they're gonna strike big time ?
call on fat people to strike ?

this round will have far less support.
WW also vowes to fly nearly 100% this time.

[gerryl] 23/6/2010 02:24

oh oh theyre gonna strike big time

g
sp = down go for 1.50

[alphorn] 22/6/2010 22:28

British Airways cabin crew will be balloted on fresh strikes if there is no progress towards a solution by Tuesday, the Unite union has said.

[alphorn] 22/6/2010 11:58

AM - time will tell my friend ;-)

[anony mous] 22/6/2010 11:54

and Alphorn, you win second prize.
;-)

[alphorn] 22/6/2010 11:40

"The trustees understand that the airline is unable to increase its contributions in the current financial climate"

........what makes them think that BAY can increase its contributions in the future - this comment wins first prize by far for the most naive statement this year.

[alphorn] 22/6/2010 10:03

At a first reading the pension agreement looks like a sticking plaster fix. Without changing the retirement ages and the early retirement factors it can not IMO sort the problem in a permanent manner.
Also note that a big chunk of BAY assets are now charged.

[anony mous] 21/6/2010 09:20

Make it harder to strike, say bosses
Daily Mail

Last updated at 7:49 AM on 21st June 2010

Business leaders want a dramatic tightening of strike law as unions threaten a 1970s-style wave of militancy.

The CBI said legislation on ballots should be overhauled to outlaw industrial action going ahead on a ' relatively small turnout' of union members.

It added that stoppages should only be held if 40 per cent of a balloted workforce supported action, as well as a simple majority of those voting.

'David Cameron has launched a full-frontal assault on the trade union movement on a scale which is unprecedented since Margaret Thatcher's government set out to smash the National Union of Mineworkers,' he said.