Bay Capital Share Discussion Threads

[selborne_edge] 27/7/2010 13:54

Surely to take a case through the Court of Human Rights takes years. I cant imagine that that even this silly lot of strikers will be prepared to wait while Salsburg deliberates. At least it gives UNITE a means of digging itself out of a hole.

[y1phr] 26/7/2010 21:22

willy will beat the unions hands down. cabin crew that strike are going to lose there jobs and that is that.

[zangdook] 26/7/2010 18:30

Did they actually vote to strike, or just not to accept the over-generous package they were offered?

[standish11] 26/7/2010 17:35

I agree Schlemiel although I do wish you would use more temperate language.

[selborne_edge] 26/7/2010 07:54

You are quite right schlemiel, members of the cabin crews need to find employment which is within their capabilities. To remain in a business which requires a measure of commitment to their job and customers is clearly beyond them.

[woff woff] 25/7/2010 21:31

when is ,,,BA,,, going to walk out again

[anony mous] 25/7/2010 21:29

2.40+ very short term, then on towards 3.00+

cc out the picture, no win case.

BA concentrating on much more imp. issues and moving on.

[alphorn] 23/7/2010 10:55

GL - using options; have handed back some gains but will hold off a while longer. (Breakeven for me is around 225p). The market rise has helped bullish positions in other cos.

[gerryl] 22/7/2010 18:46

Alphorn, did you get out in time??

g

[jailbird] 22/7/2010 09:52

have gone long now.

[jailbird] 21/7/2010 19:44

do not worry abt the cabin crew...they are in a losing battle now.

this is a buy in my books now, with merger and anti-trust with american

[selborne_edge] 21/7/2010 16:53

Who knows, the cabin crews may start to see sense. BASSA and UNITE must know they cannot go on like this. Members of the cabin crews must be losing a great deal of money.

[aspers] 21/7/2010 16:43

I can see this back above 240p very soon now......all good news flow starting to come :-)

[horus22222] 21/7/2010 12:38

Should help a bit:

British Airways, American Airlines and Iberia have received the regulatory green light to operate a joint business on transatlantic flights. Following European Union approval on July 14, the airlines have now been granted anti-trust immunity from the US Department of Transportation.



British Airways chief executive, Willie Walsh, said: "This final approval is fantastic news for all three airlines and the oneworld alliance. We've waited 14 years to bring the benefits of the transatlantic joint business to our customers and level the playing field with the other two global alliances. As we have argued all along, the EU-US market is highly competitive and Heathrow's liberalisation in 2008 opened it up even further. We are delighted that the US and EU authorities have recognised this.



"We're pleased that the DOT and EU have worked together to ensure that there is consistency in the number of slots that the three airlines have to give up for our competitors to use on services from Heathrow to the US."



American Airlines chief executive, Gerard Arpey, said: "This is a great day for the customers, employees and shareholders of American Airlines and our joint business partners in the oneworld alliance. We thank all of the regulators who reviewed our proposals, both here in the United States and in Europe, and all those persons and organisations that supported us in this effort. We look forward to delivering enhanced competition for customers on transatlantic flights. By working collaboratively, we will enhance our product offerings, strengthen our route networks and better position our airlines to compete in an ever-changing global aviation marketplace."



Iberia's executive chairman, Antonio Vazquez, said: "We're delighted we have received approval for our joint business as it will be very positive for our employees, our shareholders and, most important of all, our customers. A new kind of collaboration between our three airlines will lead to better service levels for our customers. This means that our customers will have more destinations to choose from around the world, better scheduled travel times, better connections and more competitive fares. I am convinced that consolidation is the best and only way to succeed in the airline industry, and the approval we have received today to create a joint business is a very important step towards this consolidation process."



The airlines plan to launch the transatlantic joint business this autumn and will co-operate commercially on flights between the EU, Switzerland and Norway and the US, Canada and Mexico. Customers will be able to travel more easily on all three airlines' combined route network that will serve 433 destinations in 105 countries with 5,178 daily departures, providing more frequent and convenient schedule options than any of the three carriers could offer individually. By working together, the airlines will expand customer choice by supporting routes that would not be economically viable for a single airline.



Customers will also benefit from greater access to discounted fares, expanded opportunities to earn and redeem frequent flyer miles and elite tier benefits on flights and continued reciprocal airport lounge access.



Fellow oneworld members Finnair and Royal Jordanian also received antitrust immunity from the US Department of Transportation.

[alphorn] 20/7/2010 23:28

Chancer, who knows with these nut cases. Here is the DM article:

"British Airways cabin crew have rejected the airline's final offer aimed at ending their long-running dispute, raising the threat of fresh strikes, it was announced today. Members of Unite voted by 3,419 to 1,686 against the offer, dashing hopes of an end to the bitter row over cost savings, travel concessions and disciplinary issues. The union had balloted around 11,000 of its members without making any recommendation on whether to accept the proposed deal.

Union leaders will now meet to decide their next move".

Read more:

[alphorn] 20/7/2010 10:48

The bulls have gone very quiet on here.
There is little in IMO to boost the shares at this level; maintain my short position with the intention to close at the end of the summer.

[zangdook] 15/7/2010 08:47

Is this talk of a rights issue anything significant?

[aspers] 14/7/2010 22:00

Dumped my DSGI holding at a small loss to get aboard here.....think we may see some good upward trend over the next week or so as good news filters through....fingers crossed!!!

[anony mous] 08/7/2010 21:47

British Airways ready for fresh mergers

By Pilita Clark, Aerospace Correspondent

Published: July 8 2010 19:26 | Last updated: July 8 2010 19:26

British Airways will be ready to buy or merge with other airlines around the world from next year, Willie Walsh said on Thursday.

>>> go to FT website to read entire article.