BA boss turns down $1.4 M bonus

Read your linked article and the readers' comments as well - it seems some Brits are a bit incensed at the prices BA charges and their profits; they have the same "something-for-nothing" attitude many Americans do.

Maybe they are a few people a bit pissed at the prices, but from a purely business argument, BA has a strategy that is working and obviously the passengers are paying the prices charged to fly on BA's airplanes. If the prices were so outrageous, BA wouldn't be making any money at all.......
 
Things are looking good at BA considering the current industry climate. A shame that Mr. Arpey and co couldn't have behaved in this way...


http://news.bbc.co.uk/1/hi/business/7404085.stm


Walch was great at AerLingus, seeing that BA is not subject to the deregulation enviroment as in the US, most Brits pay through the nose for airfare, ( surprised they didn't make more profit ).add to that the millions of pounds lost in the Baggage mess.

Walch should have fired by the Queen herself.

Arpey has steered this airline away from Bankruptcy, everyone else shed off millions of debt in the courts, ripped up labor contracts and now compete against AA.

AA is still alive to fly another day
 
"Walch was great at AerLingus, seeing that BA is not subject to the deregulation enviroment as in the US, most Brits pay through the nose for airfare, ( surprised they didn't make more profit )"

How do you work that out ? Air travel in the UK can be very cheap. You can buy a return ticket to fly from London to most of the major European capitals for between $100-$300.
In the last 10-15 years BA has faced huge competition on it's home soil from companies like EasyJet, Ryanair and Virgin Atlantic in key markets. The LCC's such as EZY and Ryanair are now starting to struggle a bit but BA is making a profit....

"Arpey has steered this airline away from Bankruptcy, everyone else shed off millions of debt in the courts, ripped up labor contracts and now compete against AA."

I agree that Arpey kept us out of bankruptcy, but that had a lot to do with the employees giving up a lot of their own money in concessions, whilst a couple of years later, the man in charge and his understudies, reap in a huge reward leaving the people who really suffered for his success with very little in return....
 
How do you work that out ? Air travel in the UK can be very cheap. You can buy a return ticket to fly from London to most of the major European capitals for between $100-$300.
In the last 10-15 years BA has faced huge competition on it's home soil from companies like EasyJet, Ryanair and Virgin Atlantic in key markets. The LCC's such as EZY and Ryanair are now starting to struggle a bit but BA is making a profit....

The competition in Europe among airlines is very different than those in the USA. Each EU country has a flag/national carrier competing directly with many LCC's but only indirectly with other EU state/flag carriers. For example LCC's like Ryanair have infested Germany, but LH has no direct competition by lets say AF or BA on routes like FRA-MUC or FRA-BRU or FRA-"USA", etc. This IMHO is why LH and AF and BA etc. can withstand 1 EUR fares from Ryanair but still make huge profits.
 
Maybe they are a few people a bit pissed at the prices, but from a purely business argument, BA has a strategy that is working and obviously the passengers are paying the prices charged to fly on BA's airplanes. If the prices were so outrageous, BA wouldn't be making any money at all.......

I wasn't trying to say BA's pricing was 'outrageous', but just pointing out they have the same group of whiny-butts we have when it comes to the pricing of anything, not just limited to airfares.

That said, those who do whimper and whine about prices need to remember they wouldn't be employed if a certain amount of cash couldn't be realized over and above whatever the cost is to do whatever they do.

Making a profit is one thing- gouging is quite different. At any rate though, if the whiners aren't happy with the ticket pricing, they can always purchase their own personal 737 or whatever and fly anywhere they wish for "free" (read extreme sarcasm).
 
BA paid a $300 million fine to the US government last year, along with QF ($61 million) and KE ($300 million) and now JAL ($117 million):

http://business.theage.com.au/us-fines-jal...80417-26wb.html

I would hope he'd turn down a bonus after presiding over an antitrust violation of that magnitude. Plus terminal 5. AA? No part in the price-fixing conspiracy, from what I've heard. At least Arpey hasn't presided over a $300 million fine AND his greedy exec bonuses.
 

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