Truth hurts Turner Burner, climbing out of the LSE closet.
I am calm, not the slightest upset of flustered, FACTS speak loud, and the fact is Willie Walsh as been sucking massive salary's bonuese and failing to deliver.
So dam arrogant, that they Walsh and IAG went to court against Balpa, tried to argue a ballot, and got sliced and diced, not happy they went again and the Court sliced and treble diced Walsh and IAG.
Not the best way to settle a wage dispute, and Walsh as never once had a 94% FAVOURING HIS SALARY AND BONUSES.
Surprised Balpa even sat down with IAG, after the court of appeal gave such a stinging kick in the pants to Walsh and IAG.
Just get the pay issue over the line, move Walsh out, and IAG will fly
Montyhedge and your LSE CREW, what utter BS you spout, IAG share price dropped well before the news on Strike action, it dropped when Reece Mog , the UK Tory ERG and BlowJob Pretie Patel started the Breixt debacle you little Englanders put up with.
Time Willie Walsh had his salary salary slashed , he is bone idle and takes the P with his salary, that he as never once earn't
The biggest sticking point is IAG forgetting the Pilots kept it going from 2008 when it was in dire straights and accepting low increase in wages, while the board took massive bonuses still.
Ground staff and cabin crew dont fly planes, and they accepted what they got for a job with few risks.
get a NHS Surgeon to work shfits, 7 days a week, one weekend off a month for anything under £300,00 .
Time bankers, Doctors Surgoens, Mps woke up to what a Pilot does and the responsibility...
Ryanair as a cheap model, cram them in, fly them like cattle in a truck for 3 hours. If Ryan air go down, blame the model and boieng.
Doubt very much Pilots would bring down BA, to many barriers for that to happen, and Brexit is just a Un Eductaed Brits.
Ryanair are in problems due to over expansion, and not getting the Max 737 FLYING COFFIN. Suspect
The US market is fierce, but IAG have various business models, from cheap to expensive. This Pilot wage rise will cost IAG an additional £20 million, and thats cheap, as grounding BA for one day cost £50 million.
IAG expecting Pilots to go into cheap hotels where noise levels are really bad to save money is stupid, Pilots need sleep, but hey if that what you want a tired pilot with no sleep flying you transatlantic , then it mean IAG dont value there customers lives who fly with them..
Ryanair dont fly long haul !!
BA pilots salary , some earn £26500 per year, some are on £119,000 per year and Long Haul ( International) pilots can earn as much as £167,500, but the average salary across the board is actually £88, 300.
Well below US Average salary of $126,000 PA=£104,000
TLWilliams. IAG pilots stuck with BA during the bad days after the market crash, got no bonuses, worked with no pay rise.
To settle it would cost IAG less than $20 million, a one day strike will cost BA section £45 million.
Lets put it into perspective , a UK NHS Surgeon works 8 hours a day 4 days a weekand never works weekends, on average they earn £380,000. Oh by the way they refuse to work weekends and moonlight in the private sector 1 day a week.
Wonder what the NHS surgeons would say if the Pilots said we dont work weekends, we dont work nights, and we are responsible for 180 passengers lives every flight we fly.
Time BA/IAG woke up.
As for Ryan Air,, they chose Boeing 737 max 8 flying coffin, when they could have brought Airbus, and they are feeling for the fall out of Brexit, as there busiest route is Stansted to Dublin . Boris Johnson and his ilk , dont give a rats --- about anyone only there ideology, same as French living Farage
Not many investors and certainly know Analysts have even studied the disease process of Interstital Lung disease market there is for NXPOO2
Try 200 Interstital lung diseases , then realize what Nuformix could do in such a area of medicine
People from the UK were the top nationality flying on international airline routes last year ahead of the US and China.
The UK represented 126.6 million or 8.6% of all global passengers taking international flights in 2018.
Those from the US totalled 111.5 million, or 7.6% of the total, followed by China at 97 million, Germany 94.3 million and France 59.8 million.
The data was revealed by Iata in performance figures for 2018 showing that global air connectivity continues to become more accessible and more efficient.
A total of 4.4 billion passengers flew in the year with the real cost of flying more than halving over the last 20 years.
The rise of low cost carriers is highlighted by their global market share of available seats rising to 29% from 16% in 2004, reflecting the short-haul nature of their business model.
Budget airline capacity grew by 13.4%, almost doubling the overall industry growth rate of 6.9%.
Overall fuel efficiency improved by more than 12% compared to 2010, according to Iata.
Airlines in the Asia-Pacific region once again carried the largest number of passengers systemwide at 1.6 billion followed by Europe at 1.1 billion.
However, US carriers American Airlines, Delta and United were the top three airlines ranked by total scheduled passengers kilometres flown, followed by Emirates and Southwest Airlines.
The busiest international air routes were all in Asia with Hong Kong-Taipai top at 5.4 million passengers in 12 months followed by Bangkok-Hong Kong, Jakarta-Singapore, Seoul-Osaka and Kuala Lumpur-Singapore.
Iata director general and CEO Alexandre de Juniac said:
“Airlines are connecting more people and places than ever before.
“The freedom to fly is more accessible than ever. And our world is a more prosperous place as a result.”
He added: “As with any human activity this comes with an environmental cost that airlines are committed to reducing.
“We understand that sustainability is essential to our license to spread aviation’s benefits. From 2020 we will cap net carbon emissions growth. And, by 2050, we will cut our net carbon footprint to half 2005 levels.
“This ambitious climate action goal needs government support. It is critical for sustainable aviation fuels, new technology and more efficient routes to deliver the greener future we are aiming for.”
The Euro as not lost as much to the $ as the Mickey Mouse £.
EZJ flights brought in Europe are paid in Euros, all aviation fuel used in Europe to fule EZJ planes.
The UK is a little island with a lot of rogue Tory traders in it like Reece Mog and his Ilk.
Of Course UK Rogue traders in the City and the spivs on LSE act illegally, be nice when the UK is out of the EU and it has 40% tariffs on Farmers as an example.
The only reason for a Oil price is the usual Neo conservatives war against Iran, Iran as the 3nd biggest oil reserves and 2nd largest Gas reserves.
Be nice to see the Scots leave
UK is ducked, its a dead end now. Only Brits could make a mess of there peoples lives, .
Thankfully some of us saw it coming and exited the little island with its rogue traders, rogue TORIES, now EZJ as its fleet registered in Austria, and Ryan Air brought into Boeing dream, and they cant do anything and are stuck , MAX 8 FLYING COFFIN is grounded till next May at earliest
If you know the activities and illegal trading of Societe Generale, its actions in bribing countries and its trader dealings , the fines they received more than double EZY Market cap and its a investment bank that workds closesly with Reece Mog
The facts behind one of the worlds notoruis banks.
Société Générale S.A. Agrees to Pay $860 Million in Criminal Penalties for Bribing Gaddafi-Era Libyan Officials and Manipulating LIBOR Rate
$ 1.4 Billion fine
French banking giant Societe Generale on Monday agreed to pay U.S. federal and state authorities $1.4 billion to resolve pending legal disputes.
The bank agreed to pay $1.34 billion to settle investigations into its handling dollar transactions in violation of U.S. sanctions against Cuba and other countries
Société Générale loses $7 billion in trading fraud
Wishful thinking, as the Max FLYING COFFIN could be scrapped and the 787 Dreamliner has given problems already.
TUI have orders in with Airbus and the options they held on the 737 MAX Flying Coffin wont be executed without compensation payment, plus passengers wont fly the Max 737 Flying Coffin, something major airline magazines have already found . Seat Guru have already set up new software to show passengers the planes they are going to be flying on,
Boeing as serious problems !!
A TUI person in Germany
Note United airlines make $1.45 billion profit , up 29% on last lear same period, and Boeing paying for an additional 19 737 second hand planes to assist them as Boeing at fault
Note the EU Commission have stripped Virgin , Conn airways and Stobart of 5 slots out of Schipol and CDG , due to the monopoly they wont allow as KLM Air France own part of Virgin, the future for Virgin Conn air is Bleak, as more to come and others in the USA due to Delta owning 49% of Virgin Atlantic.
What are the risks to staffline with L/G pension contracts be taken over by ReAssure the Swiss Domiciled company who take over assurance contracts from other assurance companys and then increase the monthly fees and double the fund managers charges
Hedge fund billionaire Paul Singer’s ruthless strategies include bullying CEOs, suing governments and seizing their navy’s ships
Hedge fund managers are rarely the quiet, retiring type, but few are as boldly bare-knuckled as Paul Singer, the founder of Elliott Management.
Singer, who took home $400 million last year, makes his fortune through activist investing. While other investors are content to buy shares or bonds, and wait for them to accumulate value, Elliott Management, which oversees almost $33 billion, specializes in taking stakes in companies or institutions where it can shape the outcome. That can include agitating for changes in leadership, or spending years and million of dollars in court pursuing its interests.
Elliott Management is perhaps most notorious for its 15-year battle with the government of Argentina
Most recently, Elliott drew attention for its campaign against the management of Arconic, a manufacturer of auto and aerospace components. While waging a proxy battle to control the board, Elliott took aim at CEO Klaus Kleinfeld, calling him ineffective and a wasteful spender. After months of attacks, Kleinfeld responded in April with a bizarre letter that appeared to be an attempt to extort Singer by hinting at embarrassing behavior that took place at the 2006 World Cup in Germany (Kleinfeld enclosed a soccer ball with the letter). Once the letter was made public, Arconic’s board fired Kleinfeld and, not longer after, reached a settlement (paywall) that gave Elliott much of what it wanted.
Singer isn’t the first activist investor to play rough, but he may be the most successful. Elliott Management is wildly popular with investors, and it raised $5 billion in 24 hours when it opened a rare window to enter the fund in March.
The fund’s performance may re-write the rules of business, as other fund managers try to compete. “Because they’re so massively successful, their rapaciousness is now viewed in hindsight as success,” a former hedge fund executive said in an article about Elliott and its tactics in Institutional Investor, a trade publication. “Breaking the social norm of being pleasant in business is not a high cost to them.”
Invetsors should get out while they can, the king of asset stripping as arrived in Elliott.
He must suit the London Stockmarket and lse.co.uk wpos owners who are drawing complaints to the FCA and SFO , due to all the avatars coming from 5 locations linked to city swindelrs