15 December 2009
Double trouble for BA: the airline’s share price plunged to its lowest level in months this morning, after more bad news on its pension deficit, and the decision by cabin crew to strike for 12 days over the festive period. If it goes ahead, the strike (which would run from December 22 to January 2) could affect up to 1m passengers and potentially cost BA up to £300m. It’s a brave move by BA staff, to say the least: ruining lots of people’s Christmas holiday is hardly a great way to attract public support.
And with plenty of alternative carriers itching to pick up the pieces, we can’t help feeling that they’re shooting themselves in the foot here… read to whole story at www.managementtoday.co.uk