BA bosses to work for free in July
Monday, 26 May, 2009
0
British Airways chief executive and finance director are to forgo their salaries for the month of July.
Willie Walsh and Keith Williams are to work for no pay as part of the airline’s drive to cut costs.
Walsh is paid £735,000 a year and Keith Williams £440,000.
BA offered staff the option of taking unpaid leave or working part-time after reporting record pre-tax losses of more than £400 million (see previous TraveLMole story).
Walsh said: "I want everyone seriously to consider these options.
“Personally, I do not want extra leave or to work part-time. But I certainly want to make a contribution in recognition of the extremely challenging position we face.
“This is no stunt. I do not easily give up anything I have earned."
by Phil Davies
Phil Davies
Have your say Cancel reply
Most Read
TRAINING & COMPETITION
Posting....
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
Air Mauritius reduces frequencies to Europe and Asia for the holiday season