British Airways CEO Willie Walsh warns no compromise on cost cutting plans
British Airways CEO, Willie Walsh reportedly warned cabin crew staff he has no plans to compromise on cost cutting initiatives, ahead of the staff’s plans to strike in late Dec-2009 (Financial Times, 23-Nov-2009). According to Mr Walsh, the proposed strike is “very, very different” from issues in Jan-2007, in which a deal was made with cabin crew prior to industrial action.
British Airways: "In 2007 I saw things that I wasn't happy with. I saw there was some merit in the arguments that were being made…I implemented these [cost cutting] changes because I believed it was the right thing for the business to do," Willie Walsh, CEO. Source: Financial Times, 23-Nov-2009.