Forums
There is currently 1 person viewing this thread.
nineteen points
11 Jun 20 08:58
Joined:
Date Joined: 18 Feb 02
| Topic/replies: 29,154 | 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

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
sort by:
Show
per page
Replies: 30
By:
driver2
When: 11 Jun 20 11:55
What a load of tripe you conspiracy merchants spew up!
By:
----you-have-to-laugh---
When: 11 Jun 20 12:02
Taking back control, innit
By:
BARROWBOY
When: 11 Jun 20 12:04
Nineteen points never been anywhere near running a business,wants to pay hundreds of staff to do **** all.
By:
mecca
When: 11 Jun 20 12:04
BA should be renamed Spanish Airways
By:
nineteen points
When: 11 Jun 20 14:13
interesting comments.driver are you saying this wont happen?

barrow,you know that for a fact? and who said i wanted that?
By:
saddo
When: 11 Jun 20 14:18
I would agree that you sound like someone who has never owned a business. Have you?
By:
nineteen points
When: 11 Jun 20 15:39
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?
By:
----you-have-to-laugh---
When: 11 Jun 20 15:47
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,
By:
nineteen points
When: 11 Jun 20 15:53
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
By:
driver2
When: 11 Jun 20 15:53
So nineteen points, elaborate, this "big agenda" was what exactly?
By:
nineteen points
When: 11 Jun 20 15:57
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.
By:
----you-have-to-laugh---
When: 11 Jun 20 16:01
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.
By:
Angoose
When: 11 Jun 20 16:16
Did you know that the cumulative net profit of all US airlines between 1947 and 2006 was approximately zero.
Strange, but true.
By:
Cider
When: 11 Jun 20 16:18
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.
By:
----you-have-to-laugh---
When: 11 Jun 20 16:25
Is that real profit or nett reported profit?

I'm told there are folk in usa that run casinos at a loss
By:
Angoose
When: 11 Jun 20 16:38
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."
By:
----you-have-to-laugh---
When: 11 Jun 20 16:44
Makes you wonder why they would bother...
By:
nineteen points
When: 11 Jun 20 16:44
somebody somewhere would of made money.
By:
Cider
When: 11 Jun 20 16:47
It's not that odd. In the US it's like public transport between states.
By:
----you-have-to-laugh---
When: 11 Jun 20 16:47
If you have a losing betfair account you can sell it...
By:
Angoose
When: 11 Jun 20 16:52

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.

By:
----you-have-to-laugh---
When: 11 Jun 20 16:55
Start up costs may have just become lower,..



They say in the gold rush it's the pick makers that get rich.
By:
Angoose
When: 11 Jun 20 17:06
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
By:
----you-have-to-laugh---
When: 11 Jun 20 17:16
Sell the dream, sell the picks
By:
nineteen points
When: 12 Jun 20 09:31
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?
By:
----you-have-to-laugh---
When: 12 Jun 20 10:41
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.
By:
lovegod
When: 12 Jun 20 12:02
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.
By:
nineteen points
When: 12 Jun 20 12:33
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?
By:
----you-have-to-laugh---
When: 12 Jun 20 12:35
Are they taking that lamb off yer hands?
By:
----you-have-to-laugh---
When: 12 Jun 20 12:37
There's a thriving business at local colleges as
young folk do 2 year courses to become nail technicians.
sort by:
Show
per page

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
‹ back to topics
www.betfair.com