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Earthquake, Tsunami in Japan yet Nikkei down only 7%….
and what element of BA income is derrived from Egypt, Bahrain Libya etc? … 1%?
BA has inversely bucked the market yet again by significantly underperforming the FTSE. Lufthansa down just 6% in past month.
High performing companies have a culture of Ownership, Accountability, Responsibility. Low performing companies have a culture of blame, excuses and denial. Where would you put Lufthansa? BA?
Time for Walsh to repair the schisms he has created, stop the bullying, intimidation and victimisation and build a unified team.