British Airways and Unite have agreed to hold emergency talks later today (17-Dec-2009) to try to resolve their dispute and avoid a planned strike by cabin crews scheduled to commence next Monday (22-Dec-2009). Earlier British Prime Minister, Gordon Brown, urged (16-Dec-2009) both sides to enter fresh talks to avoid the potential for “huge disruption” to the travelling public. BA has asked the High Court to rule on the legality of Monday's vote by cabin crews to embark on the 12-day strike. A ruling is expected today (17-Dec-2009).
British Airways and Unite to hold emergency talks later today
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In 3Q2016, IAG's rolling four quarter return on capital fell, after rising more or less continuously since it began to target this measure in 2013. It has consistently been more profitable than either of its two main European legacy airline group rivals (Air France-KLM and Lufthansa). Nevertheless, the downward step highlights the challenge in meeting its own demanding target.