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nineteen points
11 Jun 20 08:58
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Date Joined: 18 Feb 02
| Topic/replies: 29,151 | Blogger: nineteen points's blog
Another big company another few thousand job losses.how many more? When things do get back up and running these jobs will be needed again. The jobs however will be on far less pay and conditions,less holidays and rights. This will become the norm as the race to the bottom gathers.However these sweatshop terms will make our new Britain a good proposition to any new investers.I wonder who they will be? Yes folk this was all part of the big agenda and the virus has been a great smokescreen to hide behind.How convienient
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Report driver2 June 11, 2020 11:55 AM BST
What a load of tripe you conspiracy merchants spew up!
Report ----you-have-to-laugh--- June 11, 2020 12:02 PM BST
Taking back control, innit
Report BARROWBOY June 11, 2020 12:04 PM BST
Nineteen points never been anywhere near running a business,wants to pay hundreds of staff to do **** all.
Report mecca June 11, 2020 12:04 PM BST
BA should be renamed Spanish Airways
Report nineteen points June 11, 2020 2:13 PM BST
interesting comments.driver are you saying this wont happen?

barrow,you know that for a fact? and who said i wanted that?
Report saddo June 11, 2020 2:18 PM BST
I would agree that you sound like someone who has never owned a business. Have you?
Report nineteen points June 11, 2020 3:39 PM BST
what has owning a business got to do with having an opinion on something like that? i am expressing a view. is that not allowed now?
Report ----you-have-to-laugh--- June 11, 2020 3:47 PM BST
I have owned a business, you can comment for me.

Not everybody wants to keep costs to a minimum and treat
their workers unfairly.

Airlines have a difficult future these next 5 years or so,
looking after their brand alongside their workforce should
go hand in hand for me.

I remember when thatcher had a go at them by placing a hanky
over their new tail fin design.

I was led to believe British Airways were cash rich at start of
2020, they do need to look after themselves of course,
Report nineteen points June 11, 2020 3:53 PM BST
every business does. and by looking after themselves they will look after their employess donny.to save jobs if pay cuts are the answer then fair enough,this has to go the other way though when profits start coming in.the employees should be looked after then
Report driver2 June 11, 2020 3:53 PM BST
So nineteen points, elaborate, this "big agenda" was what exactly?
Report nineteen points June 11, 2020 3:57 PM BST
sorry i thought i had made myself clear.run everything down to zero,pick up the best businesses,start on fresh favourable terms and rake in the profit when the good times roll.
Report ----you-have-to-laugh--- June 11, 2020 4:01 PM BST
You would hope they would look after their staff

Other airlines have gone down drastic routes before b a


When we booked flights we just take best price from those
available, not sure there is too much brand loyalty or prestige
in choosing b a as they ain't even the best.

Surviving these next 5 years could be vital, but no goid
for the staff losing their job with no ready replacement.

Doesn't mean employer needs to take advantage of clamour
to retain job.
Report Angoose June 11, 2020 4:16 PM BST
Did you know that the cumulative net profit of all US airlines between 1947 and 2006 was approximately zero.
Strange, but true.
Report Cider June 11, 2020 4:18 PM BST
The job losses are inevitable, but IAG are taking the opportunity to get rid of heritage contracts they've been trying to change for years.
Report ----you-have-to-laugh--- June 11, 2020 4:25 PM BST
Is that real profit or nett reported profit?

I'm told there are folk in usa that run casinos at a loss
Report Angoose June 11, 2020 4:38 PM BST
From an academic article I came across a few years back, extract below

"By the end of 1991, the U.S. airline industry had lost all the profit it had earned since data began being collected, plusnearly $2 billion more. It would recover in the late 1990s, then lose all its profit again, whether measured in nominal or real(inflation-adjusted) dollars, again early in the 21st century.

Few industries hold such a distinction. The net cumulative earnings of the U.S. airline industry are reflected in both nominal and real dollars in Figure 1, "Airline Industry Cumulative Net Profit."

Anemic economic performance has forced more than 170 airlines into bankruptcy since deregulation began in 1978. Some entered Chapter 11 reorganization bankruptcy, continuing operations while seeking to restructure debt. Most were liquidated."
Report ----you-have-to-laugh--- June 11, 2020 4:44 PM BST
Makes you wonder why they would bother...
Report nineteen points June 11, 2020 4:44 PM BST
somebody somewhere would of made money.
Report Cider June 11, 2020 4:47 PM BST
It's not that odd. In the US it's like public transport between states.
Report ----you-have-to-laugh--- June 11, 2020 4:47 PM BST
If you have a losing betfair account you can sell it...
Report Angoose June 11, 2020 4:52 PM BST

Jun 11, 2020 -- 4:44PM, ----you-have-to-laugh--- wrote:


Makes you wonder why they would bother...


Huge barrier to entry in terms of capital requirement, yet it attracts new entrants like moths to a flame because it is seen as a glamourous industry.

Report ----you-have-to-laugh--- June 11, 2020 4:55 PM BST
Start up costs may have just become lower,..



They say in the gold rush it's the pick makers that get rich.
Report Angoose June 11, 2020 5:06 PM BST
Talking about the gold rush, it changed the culture of a nation .....

The righteous ways of Puritan immigrants to New England shaped the original American Dream. It was a simple formula of hard work, high morals and an aversion for risk taking.

However, the chance discovery of gold in 1848 by millworker James Marshall triggered the California Gold Rush and transformed the culture of a nation.

A new American Dream was born.

This version was driven by the opportunity of achieving instant wealth. Suddenly, failure was no longer a sin, success only following from a willingness to try and fail on a repeated basis
Report ----you-have-to-laugh--- June 11, 2020 5:16 PM BST
Sell the dream, sell the picks
Report nineteen points June 12, 2020 9:31 AM BST
once all our local businesses fold in the next 6 months. we can look forward to having our pick of kebab shops,cake and ice cream parlours and nail bars to go to.they seem to be opening up all over our high streets,all fitted out with the best quality equipment and enough staff to run harrods.strange how they manage to make a living though when you never see anyone in them?
Report ----you-have-to-laugh--- June 12, 2020 10:41 AM BST
Not sure why nail bars will survive?

£20 to polish yer nails, me dear old mam used to go
to hairdressers every sarraday, seems as if nail bars
are the new hairdressers, milking excess cash from society.

Still some folk probably find it odd we sit around chatting
and paying £3 a pint.

As long as we do there will need to be plenty of kebab shops.
Report lovegod June 12, 2020 12:02 PM BST
Nail bar opened in my High Street less than a year later another one opened and now another one is about to open. We also have a few beauty parlours and ladies hairdressers. Booming business.
Report nineteen points June 12, 2020 12:33 PM BST
i was being ironic.they are well known as money laundering establishments.allegedly.also ways of getting people into country as classed as specialists.6 months later they claim they are being used as slave labour and get asylum.simples in modern day britain.do you want to know the kebab shop angle?
Report ----you-have-to-laugh--- June 12, 2020 12:35 PM BST
Are they taking that lamb off yer hands?
Report ----you-have-to-laugh--- June 12, 2020 12:37 PM BST
There's a thriving business at local colleges as
young folk do 2 year courses to become nail technicians.
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