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[m1k3y1] 02/5/2020 13:56

Watford......I am not saying to hold on to staff for compassionate reasons.
What I am saying , is that BA / IAG has other options that they are using with other airlines in the stable, i.e. VR, GOV loans etc but they are not even exploring these possibilities with BA.

To effectively sack ALL of your employees on statutory pay and say only 71% of them
can apply for a new , much worse contract is just exploitation. There is no other word for it, especially when the senior management and BoD are retaining their own pay packages. Completely inexcusable with 9.5B euro in liquidity.

[watfordhornet] 02/5/2020 13:40

M1k3y1 - I do not disagree but reality is a lot of companies are fighting for survival and airlines more than mostThey will do what they need to to maximise chance of survival. It is crazy to think they will hold onto staff for compassionate reasons when the long term outlook seems bleak

[962962] 02/5/2020 13:38

Monty.Go away you pillock.

[montyhedge] 02/5/2020 13:29

So IAG gets a 900m loan from Spanish gov, oh well that will pay redundancy costs.

[962962] 02/5/2020 13:21

m1k.I think we are back on friendly terms now,but you have to admit, and to keep a balance,it was mixed fleet cabin crew who went on strike for some considerable time in the summer of 2017.

[m1k3y1] 02/5/2020 13:05

I might add that BA cabin crew have delivered Billions in cost savings to IAG since 2010.

I t was the Pilots who went on strike, not the cabin crew.

[m1k3y1] 02/5/2020 13:05

Watford ....you wouldn't be saying this if it was your job that was going in 42 days with statutory redundancy pay and no chance of getting another job due to the virus situation.

[watfordhornet] 02/5/2020 13:00

Why? Surely they have to look at what is best for the company.These are unprecedented times but not many companies will have the compassion to hold onto people for the sake of it.I see IAG being ruthless and positioning themselves to benefit in the longer term. Don't forget - a lot of these employees were saying 11% wage increase was not enough a few months back. There was not much loyalty shown to the company and the strikes cost IAG hundreds of millionsThat lack of loyalty won't be forgotten

[m1k3y1] 02/5/2020 12:51

BA / IAG was already VERY efficient...the profits demonstrate that.
United BoD have said they will take 0% wages until corvid sorted.

IAG BoD only taking a 20% pay cut for 2 months.....it's laughable.

Any job losses should be on a VR basis, in addition, BA should be required to explore any loans that are available first, just as with Vueling and Iberia, prior to any job cuts.

[loganair] 02/5/2020 12:22

The problem as I see it - there are not enough companies that are being allowed to fail which would free up resources to be put into NEW more efficiently run companies which in turn increases productivity.

[jailbird] 02/5/2020 11:54

That is how I see it .But up more slots and routes to remain competitive.The big ones are getting bailouts for now .Here is a question for everyone Who do we seeing failing ?

[watfordhornet] 02/5/2020 11:45

IAG need cash to expand. There will be some incredible bargains out there. Vast majority of airlines won't survive so will be bargains

[jailbird] 02/5/2020 11:42

I agree with , it is a cull .Not just job losses , there jobs bring outsourced and also retained staff will have to sign to contracts at reduced wages The have cash and other options , but I think the BA know it will take years to recover , with less flights and passengers . Business demand will just not be there and they will be competing with EasyJet and Ryanair who will recover first .

[m1k3y1] 02/5/2020 11:28

Jailbird....we can only hope but in 42 days people could be out of a job, regardless of whether court cases are proceeding . Unless they serve an injunction to try and stop the process while negotiations go ahead.

[jailbird] 02/5/2020 11:22

Union have a case probably this time But BA will say whole airline at risk otherwise In the end BA want this sorted ASAP and implemented by by December, so the numbers and financial packages etc will be negotiated and improved

[watfordhornet] 02/5/2020 11:13

Good luck with that!

[m1k3y1] 02/5/2020 11:01

Unions taking legal action against BA / IAG.

[buywell3] 02/5/2020 08:32

buywells' turn

1. Testing V getting on planes

Blood tests at the moment are not reliable many false negatives

And who in there right mind would travel hours on a plane with hundreds of strangers come on get real

2. IAG to get loans

And what conditions are attatched ?
Do you think IAG are going to get 750 Billion Euros without making very onerous commitments to new lenders ?

3. Everything will be alright before christmas

Sorry but till a vaccine is found and everybody has had it everything is far from alright. And forget about that Gilead drug , that is not going to fix things.

4. Next year things will be OK flights at say 75%

Nope wrong again. Unemployment numbers are now looking to hit over 20% in the USA and Australia , if that is what happens in those two countries it is likely to be the same in most countries and far worse in others.

Demand for flights will be way down , the idea of pulling seats out for cargo says it all.



You guys do not seem to have grasped the import of what is happening

Global recession has arrived in spades with no end date in sight to even guess just how bad things are going to get. We are likely to see second waves of lockdowns soon as they get released too soon.

Another city in China with over 10M people in it in the north was put in lockdown last week. The USA are unlocking States too soon as the rednecks throw their obese weight around.

It is IMO very unlikely indeed that a vaccine will be given to the people before next year , and that assumes the Oxford UK testing of one proves to be a success , which is a big ask I add , and the Toxicity of such a rushed vaccine will also be a big risk , as stage 3 human trials on well over 1,000 plus people normally are done over around more than 6 months towards a year.


buywell won't be taking it for sure watch and see for 12 months first to see if people start getting heart or liver damage .

And how long will it work for ? Nobody has a clue

And when you guys say things will soon get back to 2019 ways

What is going to stop another Coronavirus developing in a wet market somewhere else in 2021 or 2022 ?

Finally did you guys know that Covid-19 has now mutated over 30 times since it first appeared.

Some of the mutated strains are very nasty according to the scientists that are testing them , and more mutations are expected.

These scientists have made the point which buywell made on LiDCO (LID) several weeks ago , that when a vaccine under current testing now is put into full scale production , as is currently happening in India with the UK Oxford Genetic vaccine , there is a chance that it will not work V some of or one of the mutations doing the rounds .

In fact many scientists are now saying Covid-19 is here to stay .

IMO dyor

[nw99] 02/5/2020 06:59

Ryanair no flights till July

[arai] 01/5/2020 18:39

Telegraph : Dubai prepares to welcome tourists from July with Emirates on 48 hour standby.

A.

[loganair] 01/5/2020 18:20

Boeing said it doesn’t plan to seek federal aid after raising a whopping $25 billion in a bond offering, with maturities ranging from from 2023 to 2060, the company’s biggest debt sale ever, as it faces what it expects to be a multi-year slump in air travel because of the coronavirus pandemic.

[m1k3y1] 01/5/2020 18:05

Logan .....if you are posting information from newspapers etc , would you mind posting the links please. TY

[loganair] 01/5/2020 17:46

Air France must reduce capacity on routes with rail alternatives, France‘s Minister for Finance Bruno le Maire said.

He explained this will mean if there is a rail alternative on a city pair with a duration of less than 2h30, these routes “will have to be drastically reduced and limited simply to transfers to a hub”.

2h30 by high speed train is the approximate equivalent of flying 50mins which would be flying London to Newcastle.