BA announces plan to raise 600m
Posted: 22 Jul 2009, 06:40http://news.bbc.co.uk/1/hi/business/8155177.stm
Certainly not a surprising move, but if it increases liquidity in the airline from 1.25billion to 2 billion then it is certainly should mean strengthening their position.
The use of the pension guarantee's is surely something, which could sting BA if it continues to suffer.
Also thought the loss of 100m in the quarter to June is worrying, but will these catering changes and worries on strikes affect the airline even more so.
Goes to show alot more to sort out before the airline stops its 'fight for survivial'
Something to think about [:?]
Alex
Certainly not a surprising move, but if it increases liquidity in the airline from 1.25billion to 2 billion then it is certainly should mean strengthening their position.
The use of the pension guarantee's is surely something, which could sting BA if it continues to suffer.
Also thought the loss of 100m in the quarter to June is worrying, but will these catering changes and worries on strikes affect the airline even more so.
Goes to show alot more to sort out before the airline stops its 'fight for survivial'
Something to think about [:?]
Alex