British Airways CEO Willie Walsh continued to maintain yesterday that the carrier is in a "fight for survival" and that "just hoping for old high-roller times to return is the road to oblivion" at the company's annual shareholders meeting in London. "There is no point trying to skirt around the fact that we need a fundamental and structural change to our employee cost base. These changes are essential to our short-term survival and more importantly to our long-term viability," he said. BA ...

Subscribe to Access this Entire Article

"BA fears 'permanent' fall in premium demand, surging pension deficit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.