Should we prepare ourselves for the worst?

Old Jun 13, 2021, 10:49 am
  #1  
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Should we prepare ourselves for the worst?

Apologies for being a Debbie Downer, but IMO the smoke signals coming out of government are dark and forbidding...

So, is it time to steel ourselves for the loss of a much-loved entity, namely BA?

How much longer, in brutal reality, can the company continue with nothing much more than cargo revenue?

What value now for BAEC GfL ?
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Old Jun 13, 2021, 10:53 am
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BA won't be going anywhere. Other airlines will fail first.
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Old Jun 13, 2021, 10:55 am
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BA will continue.

Even if BA burns through all its cash, there will be investors willing to buy into another rights issue to recapitalise it, with the hope of a pick-up before their money runs out.

Reasons: Heathrow slots, well-trained crew, nice fleet of aircraft. And a great customer base.
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Old Jun 13, 2021, 11:42 am
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Impossible. If there was no BA there would be no BA/BAEC board on FT. What would we do with our time?
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Old Jun 13, 2021, 11:43 am
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Originally Posted by KARFA
Impossible. If there was no BA there would be no BA/BAEC board on FT. What would we do with our time?
that would be devastating... FT ppl are ohana!
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Old Jun 13, 2021, 11:54 am
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If BA collapsed, then the world would have already deteriorated to the point where it would be the least of our problems.
So, to answer the question, no.
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Old Jun 13, 2021, 11:59 am
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Originally Posted by KARFA
Impossible. If there was no BA there would be no BA/BAEC board on FT. What would we do with our time?
Come to the EK forum... we need some traffic!
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Old Jun 13, 2021, 12:14 pm
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Originally Posted by OverTheHorizon
Should we prepare ourselves for the worst?
When flying BA? I wouldn't say it's the worst. All of the American carriers are inferior in hard product, soft product, destinations served, and lounges.
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Old Jun 13, 2021, 12:44 pm
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Originally Posted by OverTheHorizon
Apologies for being a Debbie Downer, but IMO the smoke signals coming out of government are dark and forbidding...

So, is it time to steel ourselves for the loss of a much-loved entity, namely BA?

How much longer, in brutal reality, can the company continue with nothing much more than cargo revenue?

What value now for BAEC GfL ?
I think its important to remember than while still way down travel is picking up. People will go on summer holiday regardless of amber designations. Some business travel is back as well. And VFR traffic is definitely picking up. Indeed, the most crowded TATL flight Ive had since March 2020 was last week. This coming week im on a US BA flight which had almost 50 seats assigned in J a week out.

its not just cargo revenue.
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Old Jun 13, 2021, 1:45 pm
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Originally Posted by lhrhappy
When flying BA? I wouldn't say it's the worst. All of the American carriers are inferior in hard product, soft product, destinations served, and lounges.
Ehh? Id say UA Polaris beats BA Club World by far, and its route network is equal or better. And BA soft product is nothing to brag about - can be downright awful.
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Old Jun 13, 2021, 1:47 pm
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Christ how lovely on a Sunday night. Have a gin x
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Old Jun 13, 2021, 2:07 pm
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Originally Posted by MFCC
Christ how lovely on a Sunday night. Have a gin x
or three!
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Old Jun 13, 2021, 2:20 pm
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Originally Posted by tcdtcd
Ehh? I’d say UA Polaris beats BA Club World by far, and it’s route network is equal or better. And BA soft product is nothing to brag about - can be downright awful.
UA flies to the same number/more destinations in the US directly from the UK than BA? You learn something new every day!

I won't comment on the rest which is highly subjective and not really the subject of the thread.
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Old Jun 13, 2021, 2:50 pm
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Originally Posted by tcdtcd
Ehh? Id say UA Polaris beats BA Club World by far, and its route network is equal or better. And BA soft product is nothing to brag about - can be downright awful.
Personal choice is subjective but I cant wait to fly with the BA crews again. Together with the ground team and the great GGL team, you have to go a long way to beat the BA service experience.
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Old Jun 13, 2021, 2:51 pm
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If it comes to the worst, the government will state that it is a thing for the market to decide and it is not up to them to save companies.

Followed by much national outrage from unions, passengers, the uncle of the bloke down the pub, the PM's dad, and possibly a quiet word from someone who has been in her job longer than Boris.

And then the government will do what it always does - turn by 180 degrees. Buy it from IAG and nationalise it.
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