FlyerTalk Forums - View Single Post - Regions Abandoned - Ba Connect Being Sold To Flybe
Old Nov 3, 2006 | 12:11 pm
  #136  
AJLondon
Moderator: LGBTQ+ Travel, India-based Airlines and India; FlyerTalk Evangelist
All eyes on you!
20 Years on Site
 
Join Date: Jan 2004
Location: Asia
Programs: Yes!
Posts: 15,582
Originally Posted by bealine
Don't be fooled! Ba has always made a handsome profit on these routes - in the same way it has always turned in a good return for Gatwick's short haul routes.

What kills them is creative accountancy - the massive contribution pulled out of the revenue for Head Office ("Waterworld") support costs and the massive management costs associated with it!

Anyone who looks at our "Investor" magazine will realise what a huge number of people, on grossly inflated remuneration packages, sit on the BA Board - Crikey, we even have a "Secretariat!" I bet FlyBe doesn't, and sure as hell O'Leary wouldn't stand for having an "Im" department, a "Multimedia" department etc!

We are in a competitive market, but are dragged down by a huge "Sea Anchor" or "Drogue"!
Now where have I read that before.

Paging BahrainLad...
AJLondon is offline