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 £1500 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: 1,060
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: 8,480
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: 7,780
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.