IAG Capital Markets Day 2016
#76
Join Date: Dec 2009
Location: Bedfordshire, UK
Programs: BA Gold, Geek platinum
Posts: 2,004
Completely wrong. There is a huge group that have to travel in Economy due to Corporate Policies who book at short notice and without a Saturday night stay. That's my case. My flights from Paris to South Africa via London cost averagely Ł1500 and it is in Economy. With the BoB now and deteriorating customer service, I am going to reduce my BA travel and I am happy to downgrade to Silver (I am Gold and it is all done with Economy Travel). I am happily going to increase my Air France flying as they are now better in all aspects: Better food, no BoB and you can double upgrade from Economy to Business using your Miles if you have the highest Economy Fare Buckets which I usually do have...
Enough of this miserable stingy BA which was my favorite airline.
Enough of this miserable stingy BA which was my favorite airline.
#77
Join Date: Jan 2014
Location: LCY
Programs: Mucci des Ancients Matelots
Posts: 769
#79
Join Date: Oct 2008
Location: London
Posts: 1,503
Well, to be fair to BA they've done super work at unbundling passenger loyalty of late.
#80
Join Date: Jun 2007
Location: London
Programs: BA Gold, EK Gold, GF Silver, IC Royal Ambass, Marriott Gold, TK Elite
Posts: 902
C-suite aside, many big multinationals have a Y only or at least a very long flight time threshhold before anything other than Y kicks in, IBM and Cisco for example. I work for a large NYSE listed multinational. Everyone (except for 6 or so senior VPs) is Y for under 10 hrs. I don't think a Y policy is uncommon among industrial companies.
Just last month our procurement group cut a corporate deal with EK and did not renew the BA deal for eastbound travel as everyone was complaining about BA.
Just last month our procurement group cut a corporate deal with EK and did not renew the BA deal for eastbound travel as everyone was complaining about BA.
Last edited by MarkLHR; Nov 4, 2016 at 6:59 am
#81
Join Date: Dec 2009
Location: Bedfordshire, UK
Programs: BA Gold, Geek platinum
Posts: 2,004
Thanks for the clarification NWIFlyer. I noticed that the picture had been removed which made me think, perhaps mischeviously, that we were brow-beaten by IAG into removing the image
But the incriminating word in the slide did have a plane replacing one of the letters. Isn't that the same as those posts that we've all seen that include naughty words with a letter/some letters replaced with (an) asterisk(s)??
GD
But the incriminating word in the slide did have a plane replacing one of the letters. Isn't that the same as those posts that we've all seen that include naughty words with a letter/some letters replaced with (an) asterisk(s)??
GD
#82
Join Date: Jun 2014
Programs: Executive Club: Gold - Flying Blue: Gold
Posts: 1,382
#83
Join Date: Feb 2009
Posts: 1,057
From the transcript by Reuters:
Willie Walsh:
So I come back to what this is all about. Somebody asked me during the break there you know did I really give a speech around show me the money in a tapas bar in Madrid. And I have to say I was insulted because those of you that know me if you can picture me in the tapas bar with a glass of wine in my hand, I didn't say show me the money. I said show me the (expletive) money. Silvia stand up. Shout it out. Shout it out with pride. Come on.
Silvia Cairo Jordan - International Airlines Group - Head of Group Commercial Planning and Policy: Show me the (expletive) money.
Willie Walsh - International Airlines Group - Group CEO:
All right. I'll bring you back to show me the (expletive) money. And we make no apologies for it. You know because we're in a new industry. And
you've heard me talk about this. You've heard me talk about the airline industry being different.....
http://phx.corporate-ir.net/External...40650671533945
Willie Walsh:
So I come back to what this is all about. Somebody asked me during the break there you know did I really give a speech around show me the money in a tapas bar in Madrid. And I have to say I was insulted because those of you that know me if you can picture me in the tapas bar with a glass of wine in my hand, I didn't say show me the money. I said show me the (expletive) money. Silvia stand up. Shout it out. Shout it out with pride. Come on.
Silvia Cairo Jordan - International Airlines Group - Head of Group Commercial Planning and Policy: Show me the (expletive) money.
Willie Walsh - International Airlines Group - Group CEO:
All right. I'll bring you back to show me the (expletive) money. And we make no apologies for it. You know because we're in a new industry. And
you've heard me talk about this. You've heard me talk about the airline industry being different.....
http://phx.corporate-ir.net/External...40650671533945
#84
Original Poster
Join Date: Oct 2016
Location: Hackney, UK
Programs: BA Exec Club, EI Aer Club, LifeMiles
Posts: 45
http://i.media-server.com/version/14...tcwm_193504248
I'm all for the corporate world becoming less formal and evolving, but this is ridiculous. It's like they're actually saying this to their customers. As in you'll get a worse product yet we still expect you to pay the same for it. So give us more and we'll give you less.
Show me the money and I'll show you a greedy smile.
#85
Join Date: Dec 2009
Location: Bedfordshire, UK
Programs: BA Gold, Geek platinum
Posts: 2,004
From the transcript by Reuters:
Willie Walsh:
So I come back to what this is all about. Somebody asked me during the break there you know did I really give a speech around show me the money in a tapas bar in Madrid. And I have to say I was insulted because those of you that know me if you can picture me in the tapas bar with a glass of wine in my hand, I didn't say show me the money. I said show me the (expletive) money. Silvia stand up. Shout it out. Shout it out with pride. Come on.
Silvia Cairo Jordan - International Airlines Group - Head of Group Commercial Planning and Policy: Show me the (expletive) money.
Willie Walsh - International Airlines Group - Group CEO:
All right. I'll bring you back to show me the (expletive) money. And we make no apologies for it. You know because we're in a new industry. And
you've heard me talk about this. You've heard me talk about the airline industry being different.....
http://phx.corporate-ir.net/External...40650671533945
Willie Walsh:
So I come back to what this is all about. Somebody asked me during the break there you know did I really give a speech around show me the money in a tapas bar in Madrid. And I have to say I was insulted because those of you that know me if you can picture me in the tapas bar with a glass of wine in my hand, I didn't say show me the money. I said show me the (expletive) money. Silvia stand up. Shout it out. Shout it out with pride. Come on.
Silvia Cairo Jordan - International Airlines Group - Head of Group Commercial Planning and Policy: Show me the (expletive) money.
Willie Walsh - International Airlines Group - Group CEO:
All right. I'll bring you back to show me the (expletive) money. And we make no apologies for it. You know because we're in a new industry. And
you've heard me talk about this. You've heard me talk about the airline industry being different.....
http://phx.corporate-ir.net/External...40650671533945
#86
FlyerTalk Evangelist
Join Date: Mar 2013
Location: London
Posts: 17,007
From the transcript by Reuters:
Willie Walsh:
So I come back to what this is all about. Somebody asked me during the break there you know did I really give a speech around show me the money in a tapas bar in Madrid. And I have to say I was insulted because those of you that know me if you can picture me in the tapas bar with a glass of wine in my hand, I didn't say show me the money. I said show me the (expletive) money. Silvia stand up. Shout it out. Shout it out with pride. Come on.
Silvia Cairo Jordan - International Airlines Group - Head of Group Commercial Planning and Policy: Show me the (expletive) money.
Willie Walsh - International Airlines Group - Group CEO:
All right. I'll bring you back to show me the (expletive) money. And we make no apologies for it. You know because we're in a new industry. And
you've heard me talk about this. You've heard me talk about the airline industry being different.....
http://phx.corporate-ir.net/External...40650671533945
Willie Walsh:
So I come back to what this is all about. Somebody asked me during the break there you know did I really give a speech around show me the money in a tapas bar in Madrid. And I have to say I was insulted because those of you that know me if you can picture me in the tapas bar with a glass of wine in my hand, I didn't say show me the money. I said show me the (expletive) money. Silvia stand up. Shout it out. Shout it out with pride. Come on.
Silvia Cairo Jordan - International Airlines Group - Head of Group Commercial Planning and Policy: Show me the (expletive) money.
Willie Walsh - International Airlines Group - Group CEO:
All right. I'll bring you back to show me the (expletive) money. And we make no apologies for it. You know because we're in a new industry. And
you've heard me talk about this. You've heard me talk about the airline industry being different.....
http://phx.corporate-ir.net/External...40650671533945
Edit: Is this from last year or is the date on the transcript wrong?
#87
Join Date: Oct 2011
Location: City of Kingston Upon Hull
Programs: BAEC Gold
Posts: 4,940
Judging by the spacing either side of the plane graphic there is space for two letters. With the potential increase in oil prices I suggest the phrase is "show me the fracking money".
#88
Community Director
Join Date: Jan 2009
Location: Norwich, UK
Programs: A3*G, BA Gold, BD Gold (in memoriam), IHG Diamond Ambassador
Posts: 8,473
My employer has a Y-only policy except in very extreme circumstances, and then only with VP permission. It's been this way for in excess of 20 years. The exception would only be invoked, I would guess, if the Health & Safety of the employee would be compromised - perhaps because of a known health problem, or one that might develop through significant amounts of long-haul travel within a short period. We are not exactly a small concern, either ...
My inclination is to say that this is fairly typical - I'd say the majority of UK and US companies would now operate on this basis, and most of those will not have a contract with BA to obtain preferential pricing, and therefore BA has no effective way of stopping them going elsewhere. Detrimental changes to comfort on long-haul are most definitely going to be noticed, so it's a dangerous game to be playing. I'm sure employees with any degree of choice will begin to assess their options going forward.
#89
Join Date: Jul 2011
Programs: BAEC Gold, Marriott Plat
Posts: 686
They're using the f-word and it's on page 5 of the slides:
http://i.media-server.com/version/14...tcwm_193504248
I'm all for the corporate world becoming less formal and evolving, but this is ridiculous. It's like they're actually saying this to their customers. As in you'll get a worse product yet we still expect you to pay the same for it. So give us more and we'll give you less.
Show me the money and I'll show you a greedy smile.
http://i.media-server.com/version/14...tcwm_193504248
I'm all for the corporate world becoming less formal and evolving, but this is ridiculous. It's like they're actually saying this to their customers. As in you'll get a worse product yet we still expect you to pay the same for it. So give us more and we'll give you less.
Show me the money and I'll show you a greedy smile.
OK - I've just read the transcript above. Absolutely staggering and really, really pathetic
#90
Join Date: Jul 2009
Programs: BAEC Silver, IHG Diamond
Posts: 7,744
Don't know how different AA is to BA with regards to business travel policies, but there are quite a few people in suits / have that businessman look travelling in the back.
OK, might be a seats available thing or out if their own pockets.
OK, might be a seats available thing or out if their own pockets.