Walsh “ready to wield the axe” at BA
Staff at British Airways are said to be “quaking” at the possibility of extensive job cuts as new chief executive Willie Walsh settles into his new job.
According to a report in the Daily Mail, Walsh is planning cost-cutting initiatives that will “make outgoing boss Rod Eddington’s hefty cuts pale into insignificance”.
Walsh, described by the newspaper as a “notorious cost-cutter” at his last job with Aer Lingus, reportedly wants to “take the axe to the 3,500 employees who work at BA’s opulent Waterside headquarters”.
While the newspaper offers no source for the story, it points out that the “news” comes just a day before BA announces its full-year results.
The carrier is expected to announce that it has had its highest fuel bill for more than a decade, due to the recent increases in the price of oil. BA’s share price dropped 1.5p to 246.5p yesterday.
Report by Tim Gillett, News From Abroad Ltd www.newsfromabroad.com
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism