Unite comment on BA's financial results

22nd May 2009

Unite, Britain and Ireland's largest trade union, representing some 27,000 British Airways employees, has expressed concern at the announcement today (Friday) by British Airways of the airline's financial position.

Brian Boyd, Unite national officer for civil aviation, stated: "The results recorded by British Airways are far worse than was expected and show that this economic crisis appears to have taken its toll, with a massive drop in the corporate business travel on which BA so heavily depends.

"Unite has already been working with the company to find ways of improving performance and at the same time securing guarantees for our members' jobs. The seriousness of the company's current financial situation is clear, and Unite will continue to seek assurances on the substantive issues, which will no doubt unfold at BA, such as the future of its pension fund."

Steve Turner, national secretary for aviation, said: “The trading environment for British Airways, as for the aviation sector as a whole, is tough right now, caused by both spiralling fuel prices during the past year and an unprecedented downturn in air traffic, particularly in BA’s premium market.

"Unite recognises this, but in any discussion on BA’s economic performance we cannot forget that our members delivered the company’s best ever operational performance now and record profits last year.

"We have tabled proposals to defer wage costs until an upturn in the company’s fortunes, and are in discussions with BA over further measures that ‘share the pain’ of their current difficulties across the entire business.

"We will continue to work with the company to find and implement ‘temporary solutions to temporary problems’. We will not, however, undermine the long term protections and conditions secured by our members over many years in response to an economic downturn that will end.”

ENDS

 


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