Airline industry to benefit from British Airways woes
Even though the British Airways cabin crew strike was only announced yesterday, we have seen a significant increase in the cost of Christmas airfares with each and every airline company desperate to bring in as much income as possible during these difficult times. In what is simply becoming a case of supply versus demand, we have seen the cost of a travel over the Christmas period, when the British Airways cabin crew strike will be most effective, sky rocket.
Despite the fact that up to 1,000,000 people could have their Christmas travel plans ruined by the British Airways strike it appears that many people are already looking for alternative arrangements. However, there is a feeling within the industry that the unions may well have gone "over the top" with regards to this particular action and we could see the two parties eventually meet around the negotiating table.
As has been said on numerous occasions, neither of the parties involved can afford to see British Airways go under, which would be a potential possibility if the management and unions cannot come to an amicable agreement. We may well be on the verge of seeing the collapse of one of the U.K.'s best-known airlines and a company which has been around for many years.
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