“Bet you in around 3 years time, they will claim they have hit the £1billion profit (remember it was not that long ago that they had a profit of £800 million), and who will get all the benefits, greedy CEO, shareholders but nothing for lower workers.”
The point is a business of this size should be making £1bn profit. The fact is BA, like any other public company, is using shareholders money to invest in its business. And just like any person lending money to another, shareholders have every right to ask for a return and prospects of their money growing. If not – why not invest it somewhere else? There are plenty of other businesses with prospects that promise decent returns.
And who are these ‘greedy shareholders’? Oh thats right – its you and me that hope to have some basis of a secure future in our old age.
BA is not run for the sole benefit of its staff. They are an important stakeholder, but they are not the only ones. The most important feature of this is to make BA a successful and sustainable business moving forward, that can attract capital and reward its people well.