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mark occomore
Joined: 07 Dec 2006
Posts: 9955
Location: UK
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 Posted: Fri May 18, 2007 9:11 pm Post subject: BA Fined |
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British Airways has put aside £350m to cover possible fines and legal action after it broke competition law.
The decision relates to last year's finding that BA had discussed fuel surcharges with rivals. BA shares ended 2.9% lower on Friday after the news.
http://news.bbc.co.uk/1/hi/business/6668211.stm |
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mark occomore
Joined: 07 Dec 2006
Posts: 9955
Location: UK
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| Posted: Fri May 18, 2007 9:14 pm Post subject: |
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| Someone wont be getting a bonus and someone will need to go. I think this could end up with strike action. |
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gfloyd
Joined: 07 Dec 2006
Posts: 4861
Location: Here, There, Everywhere.
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| Posted: Fri May 18, 2007 9:15 pm Post subject: Re: BA Fined |
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| mark occomore wrote: | British Airways has put aside £350m to cover possible fines and legal action after it broke competition law.
The decision relates to last year's finding that BA had discussed fuel surcharges with rivals. BA shares ended 2.9% lower on Friday after the news.
http://news.bbc.co.uk/1/hi/business/6668211.stm |
Quite right too. If they are so stupid as to discuss price fixing with competitors then they dont understand the basics of competition law.
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Cherskiy
Joined: 08 Dec 2006
Posts: 3701
Location: near Amble, Northumberland
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| Posted: Sat May 19, 2007 6:14 am Post subject: |
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I'm sure they do, but either they thought they could get away with it or their legal eagles suggested it was possible....
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gfloyd
Joined: 07 Dec 2006
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| Posted: Sat May 19, 2007 7:07 am Post subject: |
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| Cherskiy wrote: | | I'm sure they do, but either they thought they could get away with it or their legal eagles suggested it was possible.... |
they should sue their lawyers then  their lawyers must have been missing from law school the day they did the introduction to law course.
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Cherskiy
Joined: 08 Dec 2006
Posts: 3701
Location: near Amble, Northumberland
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| Posted: Sat May 19, 2007 11:28 am Post subject: |
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Ah, but they believe they can get around the law or find loopholes. Trouble is, there's always some lawyer on the other side of the fence that's smarter than them. That's when they come unstuck! 
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firewirefred
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| Posted: Sat May 19, 2007 1:34 pm Post subject: |
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| BA has not been fined. Yet. Get your facts right mark before posting your news bulletins! |
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gfloyd
Joined: 07 Dec 2006
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| Posted: Sat May 19, 2007 1:38 pm Post subject: |
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| firewirefred wrote: | | BA has not been fined. Yet. Get your facts right mark before posting your news bulletins! |
Believe me that the above comment is just a pedant gone cazy. The dont provide for something in their results unless they are certain it will happen.
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firewirefred
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| Posted: Sat May 19, 2007 1:40 pm Post subject: |
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| BA has not yet been fined. Fact. |
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gfloyd
Joined: 07 Dec 2006
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| Posted: Sat May 19, 2007 1:42 pm Post subject: |
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| firewirefred wrote: | | BA has not yet been fined. Fact. |
"Members of our staff breached our comprehensive policies on competition compliance rules," chief executive Willie Walsh told the BBC.
"I find that very regrettable and completely unacceptable".
They have admitted liability.
And Mark NEVER said they HAD been fined. You should get YOUR facts straight.
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firewirefred
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| Posted: Sat May 19, 2007 1:44 pm Post subject: |
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So what is the thread title?
BA has not been fined. Yet. The company is waiting on a judicial review in the USA. |
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gfloyd
Joined: 07 Dec 2006
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| Posted: Sat May 19, 2007 1:47 pm Post subject: |
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| firewirefred wrote: | So what is the thread title?
BA has not been fined. Yet. The company is waiting on a judicial review in the USA. |
In the body of his OP he said that "British Airways has put aside £350m to cover possible fines and legal action after it broke competition law" .
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firewirefred
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| Posted: Sat May 19, 2007 1:49 pm Post subject: |
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| But the first thing I see is the thread title. BA fined, it reads. Wrong! |
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gfloyd
Joined: 07 Dec 2006
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| Posted: Sat May 19, 2007 1:51 pm Post subject: |
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| firewirefred wrote: | | But the first thing I see is the thread title. BA fined, it reads. Wrong! |
Its just a pedantic way of having a go at Mark. Its funny that Ella was exactly the same 
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His name was ernie ........ and he drove the fastest milk cart in the west..... |
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firewirefred
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| Posted: Sat May 19, 2007 1:54 pm Post subject: |
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| Just pointing out facts. Who is ella? |
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Cherskiy
Joined: 08 Dec 2006
Posts: 3701
Location: near Amble, Northumberland
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| Posted: Sat May 19, 2007 3:55 pm Post subject: |
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Someone who kept sniping at Mark, was banned, then popped up again as a sock puppet to do the same. 
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Author: “To the Ends of the Earth: A Snapshot of Aviation in North-Eastern Siberia, Summer 1992”
(Free to read via Kindle Unlimited) |
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firewirefred
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| Posted: Sat May 19, 2007 4:13 pm Post subject: |
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| A sock puppet? No room for sock puppets here! |
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Lord Evan Elpuss
Joined: 10 Dec 2006
Posts: 3417
Location: Cloud Cuckoo Land
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| Posted: Sat May 19, 2007 5:06 pm Post subject: |
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Here's a couple of sock puppets on Alex Lester's desk:
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Lord Evan Elpuss, Your ideal job is a Lumberjack. |
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firewirefred
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| Posted: Sat May 19, 2007 5:51 pm Post subject: |
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| That looks like one of the new studios in Birmingham. Am I right? |
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Cherskiy
Joined: 08 Dec 2006
Posts: 3701
Location: near Amble, Northumberland
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| Posted: Sat May 19, 2007 6:17 pm Post subject: |
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He's looking dangerously close to taking eating lessons from SW in that shot.... 
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Author: “To the Ends of the Earth: A Snapshot of Aviation in North-Eastern Siberia, Summer 1992”
(Free to read via Kindle Unlimited) |
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Lord Evan Elpuss
Joined: 10 Dec 2006
Posts: 3417
Location: Cloud Cuckoo Land
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| Posted: Sat May 19, 2007 7:58 pm Post subject: |
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| firewirefred wrote: | | That looks like one of the new studios in Birmingham. Am I right? |
Yes, it is.
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Lord Evan Elpuss, Your ideal job is a Lumberjack. |
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