BA Cabin Crew Strike – Consolidated Thread

Back to Forum
Viewing 5 posts - 496 through 500 (of 500 total)

  • oldchinahand
    Participant

    Perhaps !

    Same scenario but perhaps more feasible

    The Pied Piper leads them into extinction
    BA in receivership
    BA Unite/BASSA staff jobless and unwanted
    Old Pension Fund down the drain
    Assets of BA purchased from the receiver by a consortium of John Swire & Sons Ltd/Cathay Pacific Airways/ Air China
    BA assets rolled into a new HK domiciled company ‘Cathay British Airways’
    CBA based in UK runs with modified BA livery thus retains pax support
    CBA purchases controlling interest in CX/CA and becomes worlds the largest airline
    Renamed Cathay World Airways Group
    Retains all existing brands
    Purchases Qantas…..and so on………. !

    Just for fun – its a holiday in HK.


    MickeyMao
    Participant

    “CBA purchases controlling interest in CX/CA and becomes worlds the largest airline

    hardly
    no foreign entity buys a Chinese Government owned company like China Airlines
    just the opposite
    The Chinese Govt is the world’s largest lender outstripping the World Bank.
    The deal is : they fund it, you must use chinese companies to do the work, chinese materials made in the Mainland etc.
    Volvo bought by China, Hummer , Stealth aircraft etc.
    Get the drift ?


    Hippocampus
    Participant

    Just to be clear:

    BA has not sought an injunction to block the current strike mandate. Yesterday’s short court hearing was not about the last strike ballot. BA has reportedly written to the ERS and Unite setting out concerns about the legality of the ballot, but nothing more.

    A recovery plan for the pension fund has been agreed with the unions (BASSA was not involved!), the Trustees and the pensions regulator.

    Alasdair – Cheap shot.


    CharlesJones
    Participant

    So yesterday’s court case/hearing was about what exactly? Any ideas anyone?


    oldchinahand
    Participant

    Not exactly Mickey…….
    …..you are a little confused with your Chinese airlines.
    China Airlines are Taiwan based carrier and not owned by China. Code = CI
    Air China code is CA is part owned by Chinese government in which CX also has a shareholding.

    Cathay Pacific also HK company and 29.99% owned by CA

    Back to the scenario
    CBA would not foreign as would be a HK company (in case you are a little out of date HK has been part of China for a few years now).
    Perhaps CA is also the largest shareholder in CBA .

    By the way the Hummer deal did not go ahead.

Viewing 5 posts - 496 through 500 (of 500 total)
You must be logged in to reply to this topic.
Business Traveller April 2020 edition
Business Traveller April 2020 edition
Be up-to-date
Magazine Subscription
To see our latest subscription offers for Business Traveller editions worldwide, click on the Subscribe & Save link below
Polls