Go Back  FlyerTalk Forums > Miles&Points > Airlines and Mileage Programs > British Airways | Executive Club
Reload this Page >

Should Alex Cruz step down or be replaced? [FT poll]

Community
Wiki Posts
Search
View Poll Results: Should Alex Cruz (BA's Chief Executive and Chairman) step down or be replaced?
Yes
93.91%
No
6.09%
Voters: 936. You may not vote on this poll

Should Alex Cruz step down or be replaced? [FT poll]

Thread Tools
 
Search this Thread
 
Old May 29, 2017, 12:34 pm
  #151  
 
Join Date: Dec 2009
Location: Arizona
Programs: BA (GGL G4L), AA (Gold), HH (Diamond); Marriott (Gold)
Posts: 3,011
Just like I wouldn't comment or speculate about Troy's departure, I won't vote here. I have a policy of not having formal opinions on things where I don't know the facts first hand. I don't know what the board make Cruz and Walsh do, and whether or not they are managing the way they would like if they had actual ownership control.
dylanks is offline  
Old May 29, 2017, 12:35 pm
  #152  
Suspended
 
Join Date: Jul 2013
Location: UK
Programs: BAEC GGL, HH DIAMOND, AVIS Presidents Club, Karahi Express
Posts: 1,229
Originally Posted by corporate-wage-slave
Neither was - or rather is - Sir Roderick Eddington AO. Ditto Whitney Straight CBE, DFC, MC, and Barbara Cassani CBE. Of all the lines of argument available on this topic, and given that Alex Cruz can fairly call himself a Londoner, I'm always very much unpersuaded by that one.
CWS ... but would you agree that the British Brand has been destroyed?
deboyzoned is offline  
Old May 29, 2017, 12:36 pm
  #153  
 
Join Date: Aug 2013
Posts: 8,774
Originally Posted by dodgeflyer
No. Impossible.

The share was down 2.78%, ca. €400m, i.e. ca. £350m so the market obviously except a slightly bigger fall out to BA than the reported £150m estimated liability. In comparison, the exchange fell only 0.13%.
The share price doesn't fall by the amount the shareholders think it will cost.

Market cap ≠ operating profit
Ldnn1 is offline  
Old May 29, 2017, 12:37 pm
  #154  
 
Join Date: Sep 2015
Location: London
Programs: BA GGL, IHG Spire Elite Ambassador, HH Diamond, Avis President’s Club
Posts: 357
BA has a full monopoly at Heathrow and are somewhat competing at other UK airports as a low cost... the planes are almost always full and they are making billions a year in profit.

He will stay and they will continue to cut and profits will increase.

When he does resign is when shareholders should worry, that will be when the profits are dropping.

The days when BA cared about their images, passengers and staff are long gone and won't be coming back with him here or not
ianfly is offline  
Old May 29, 2017, 12:41 pm
  #155  
Moderator, Iberia Airlines, Airport Lounges, and Ambassador, British Airways Executive Club
 
Join Date: Feb 2010
Programs: BA Lifetime Gold; Flying Blue Life Platinum; LH Sen.; Hilton Diamond; Kemal Kebabs Prized Customer
Posts: 63,837
Originally Posted by deboyzoned
CWS ... but would you agree that the British Brand has been destroyed?
Put as starkly as that? No. The brand is fortunately far stronger than that. Has it taken a massive hit in the last few days? Certainly so. All the efforts put into the First Wing, career breaks, HBO seating, restored First elements, lounge investments have been submerged by what has happened this weekend.

But I've been around long enough to remember (e.g. and I have a long list!) the opening of T5. That was far, far worse than this, and the brand recovered. In fact T5 is for me a key plank in the brand, but it certainly wasn't so on Day1 or even Day14
corporate-wage-slave is online now  
Old May 29, 2017, 12:48 pm
  #156  
 
Join Date: Aug 2013
Posts: 8,774
Originally Posted by corporate-wage-slave
Put as starkly as that? No. The brand is fortunately far stronger than that. Has it taken a massive hit in the last few days? Certainly so. All the efforts put into the First Wing, career breaks, HBO seating, restored First elements, lounge investments have been submerged by what has happened this weekend.

But I've been around long enough to remember (e.g. and I have a long list!) the opening of T5. That was far, far worse than this, and the brand recovered. In fact T5 is for me a key plank in the brand, but it certainly wasn't so on Day1 or even Day14
Agreed. In fact I think BoB has done more to hit the brand than this - as BoB has really put BA in the same bracket in the minds of customers as FR and U2. (I'm not saying BoB is the wrong decision btw - it's hard to tell at this stage.)

What this weekend has done is fit and reinforce the narrative that both customers and press had already drafted, namely that BA is getting worse.. and worse.
Ldnn1 is offline  
Old May 29, 2017, 12:54 pm
  #157  
 
Join Date: Sep 2003
Location: OSL
Posts: 2,646
Originally Posted by Ldnn1
The share price doesn't fall by the amount the shareholders think it will cost.

Market cap ≠ operating profit
Eh no, however, cash out equals value out of business. That subsequently comes out of market cap.

The rest is an adjustment to value in the business.
dodgeflyer is offline  
Old May 29, 2017, 12:54 pm
  #158  
Suspended
 
Join Date: Jul 2013
Location: UK
Programs: BAEC GGL, HH DIAMOND, AVIS Presidents Club, Karahi Express
Posts: 1,229
Originally Posted by corporate-wage-slave
Put as starkly as that? No. The brand is fortunately far stronger than that. Has it taken a massive hit in the last few days? Certainly so. All the efforts put into the First Wing, career breaks, HBO seating, restored First elements, lounge investments have been submerged by what has happened this weekend.

But I've been around long enough to remember (e.g. and I have a long list!) the opening of T5. That was far, far worse than this, and the brand recovered. In fact T5 is for me a key plank in the brand, but it certainly wasn't so on Day1 or even Day14
Your knowledge appreciated. 😊. The efforts of BA ground staff and crew staff have helped BA get through this.

However I personally feel that a fair bit of damage has been done by AC and WW to the Brand. And that they should now go.

My personal opinion.
deboyzoned is offline  
Old May 29, 2017, 12:56 pm
  #159  
 
Join Date: Mar 2009
Location: London
Programs: BA CCR/GGL, Hilton Diamond
Posts: 3,483
Originally Posted by bealine
FT knows I'm no management toady, but I will stand by Alex Cruz in this case. Why? Because Alex is doing exactly the job the IAG Board and the Shareholders expect him to do (in fact, the cuts probably aren't yet deep enough or coming quickly enough for IAG's liking).
I'm afraid I can't agree with this. Having been at LHR yesterday caught up in it all the communication were worse than useless. The fact that Cruz only stood up so late on the day to say anything is an outrage. The fact that he chose to do it in a high-vis vest has been subject to ridicule. Within a couple of hours of problems becoming apparent there should have been a commitment to hourly updates with progress being made and options available to customers. @corporate-wage-slave did a far better job for customers yesterday than BA Executive Management did.

Originally Posted by bealine
Replace Alex Cruz and we could end up with someone far, far worse.
This, unfortunately, I agree with.

Last edited by LondonAndy; May 29, 2017 at 1:10 pm Reason: Can't spell "with"!
LondonAndy is offline  
Old May 29, 2017, 12:58 pm
  #160  
 
Join Date: May 2014
Location: DMV
Posts: 2,092
Funny story regarding Cruz. I was speaking to a Spanish friend today about the problems at BA, and we discussed airlines in general. I said that I've flown very few LCCs and he said that Ryanair isn't so bad, Easyjet isn't great but at least it's not Vueling (which he considers bottom of the pile). He has a long-haul trip on BA coming up so his heart sank when I told him that the CEO of BA used to be the CEO of Vueling.
Ber2dca is offline  
Old May 29, 2017, 1:16 pm
  #161  
 
Join Date: Feb 2013
Location: UK
Programs: I go wherever the content takes me.
Posts: 5,698
Originally Posted by ComputerCommuter
93% of FTers say resign. Can you imagine what the result would be if the general passenger population were to vote right now ?!
Most of them wouldn't know who he is.
paul4040 is offline  
Old May 29, 2017, 1:18 pm
  #162  
Ambassador, British Airways Executive Club, easyJet and Ryanair
 
Join Date: Sep 2011
Location: UK/Las Vegas
Programs: BA Gold (GGL/CCR)
Posts: 15,928
Originally Posted by paul4040
Most of them wouldn't know who he is.
... or care.
Tobias-UK is offline  
Old May 29, 2017, 1:19 pm
  #163  
FlyerTalk Evangelist
 
Join Date: May 2014
Location: UK
Programs: BA Gold
Posts: 12,262
Originally Posted by paul4040
Most of them wouldn't know who he is.
Most British passengers that have glanced at any main news online / TV / newspaper over the last three days will know exactly who he is
mikeyfly is offline  
Old May 29, 2017, 1:27 pm
  #164  
FlyerTalk Evangelist
 
Join Date: Mar 2013
Location: London
Posts: 17,007
Originally Posted by ahmetdouas
I wonder if the forum mods or ambassadors will vote ? = ) It seems most of them have not!
Originally Posted by T8191
Sensibly standing aside, and letting the baying hordes call for blood?
I'm right in there with the pack
Calchas is offline  
Old May 29, 2017, 1:32 pm
  #165  
 
Join Date: Jan 2016
Location: LHR/ATH
Programs: Amex Platinum, LH SEN (Gold), BA Bronze
Posts: 4,489
Originally Posted by Calchas
I'm right in there with the pack
Except you Calchas = )
ahmetdouas is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.