IAG profits
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https://www.cityam.com/iag-british-airways-owner-to-report-record-3bn-profit/
Perhaps BA can finally sort out their crap IT and refit Gatwick long haul with club suite! I’m sure there are plenty of other suggestions from you all!
BA is already spending £ 700m on IT revamp plus a shed load of cash on other improvements.
Almost like they’ve squeezed all there staff salaries in the name of Covid and are benefiting from it. Strange
Almost like they’ve squeezed all there staff salaries in the name of Covid and are benefiting from it. Strange
With Lidl paying more, how long will the profit levels last?
Almost like they’ve squeezed all there staff salaries in the name of Covid and are benefiting from it. Strange
They did lose over €10bn during Covid, so there’s quite a lot of catching up to do as well as Covid debt to pay back.
Almost like they’ve squeezed all there staff salaries in the name of Covid and are benefiting from it. Strange
With Lidl paying more, how long will the profit levels last?
Tbf Lidl doesn’t have the “glamorous” lifestyle people think they can get from instagram. So longer than it should! A fair comparison is Jet2 and Tui who I think pay a fair bit more
Almost like they’ve squeezed all there staff salaries in the name of Covid and are benefiting from it. Strange
They did lose over €10bn during Covid, so there’s quite a lot of catching up to do as well as Covid debt to pay back.
They’ve already paid off all there Covid debt from UK gov and probably other governments. Yes they needed to restructure staffing fleets but they didn’t need to slash as many salaries as they did
A fair comparison is Jet2 and Tui
I don’t think so… how many of the crew based out of the London airports are going to move up country to be near a Jet2/Tui airport?
Most of the job alternatives will be in the service industry, but as you say that doesn’t have the perception of glamour. Which is why low wages will persist.
@Super Secret Stuff – IAG took on vastly more debt than the small sum BA took from the UK government which got no special terms vs those offered to all companies. Very little came from governments or was government guaranteed.
BA is already spending £ 700m on IT revamp plus a shed load of cash on other improvements.
I think you’re referring to the £7bn investment. Credit to BA – they had a lot of cash to get them through the pandemic.
Airlines are in it for the long haul 😉
I don’t think so… how many of the crew based out of the London airports are going to move up country to be near a Jet2/Tui airport?
More than you might think in light of the current housing crisis. It’s not a matter of choice for many (or most) people, it’s about finding housing they can afford. If it’s impossible within commuting distance of Heathrow but viable near to East Midlands airport, thats where some people have to go. If they get a payrise at the same time, it starts to become a no brainer if people don’t have family connections with SE England.
I find a remarkable number of Welsh crew members on BA (shortly before COVID, the entire cabin crew on a 747 was Welsh) who invariably commute from Wales to London when they’re on duty. If Jet2/TUI operated at scale put of Cardiff airport, I imagine many of them would decamp from Heathrow.
A fair comparison is Jet2 and Tui
I don’t think so… how many of the crew based out of the London airports are going to move up country to be near a Jet2/Tui airport?
Most of the job alternatives will be in the service industry, but as you say that doesn’t have the perception of glamour. Which is why low wages will persist.
Tui are massive out of Gatwick already. Not sure on exact size but certainly big. Wouldn’t surprise me if Jet2 started flying there at some point.
Jet2 already fly out of Stansted and about half of the international airports in the UK outside London. More and more people are realising money goes further outside of London.
I find a remarkable number of Welsh crew members on BA (shortly before COVID, the entire cabin crew on a 747 was Welsh) who invariably commute from Wales to London when they’re on duty. If Jet2/TUI operated at scale put of Cardiff airport, I imagine many of them would decamp from Heathrow.
I find a surprising number of them are Scottish and commute from Scotland. Crazy but it works for them!
One benefit of a BA job is that it enables you to live anywhere and commute for staff rates to London in time for the commencement of your shift. A member of staff told me that even if you’re delayed because of BA, it doesn’t matter, it’s your responsibility to report for your first shift on time. There’s that and the risk you might not be able to get flights at staff rates during peak periods, leaving you having to shell out an arm and a leg just to get to work on time.
I think I’d rather work for TUI a bus ride away from the base and benefit from affordable accommodation but that’s me.
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