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Summer chaos is set to hit British Airways

After a period of relatively friendly relations with workers and unions, British Airways directors were today issued with confirmation that employees are not willing to take on further job cuts, a pay freeze and the cost saving measures proposed by the company. It has only been days since the company managed to get the agreement of thousands of staff to either work some hours free or switch to part-time hours. Many had thought this was the end of the cost-cutting exercise at British Airways but further proposals were issued and discussed with the unions.

While there are still hopes that all parties can come together and agree some kind of compromise for the future, if this is not possible then quite literally the future are British Airways could be at stake. Not only will the company be hit by significant loss of business and increased short-term charges but there is also the issue of the ever rising price of oil which appears to be at the beck and call of speculative investors again.

This is one of the largest airlines in the world and one of the leaders of the UK economy literally struggling under the weight of increasing debt and a relatively high cost base.

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