| Re: Air passengers face fare hikes of up to £20 but BAA boss picks up £2.6m for presiding over baggage chaos |
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Group: uk.transport · Group Profile
Author: DougDoug Date: Mar 13, 2008 00:29
On 12 Mar, 11:23, PeterT googlemail.com> wrote:> On Wed, 12 Mar 2008 00:33:10 -0700 (PDT), Doug riseup.net>
> wrote:
>
>
>>>Rich pickings for some from the hypermobile eh?
>
>>"Air passengers face fare rises of up to £20 to bail out Britain's
>>creaking airports.
>
>>The news came as it was revealed that the boss who presided over
>>airport queue and baggage chaos was paid £2.6million last year.
>
>>The fare rises are to fund the debt-ridden Spanish owners of BAA which
>>runs the two biggest airports, Heathrow and Gatwick.
>
>>BAA is struggling under the weight of £9billion of debt taken on by
>>its parent company Ferrovial to fund its £10billion purchase of BAA 18
>>months ago.
>
>>Angry airline bosses say the rises have been sanctioned by the
>>Government's "weak" aviation watchdog only to save ministers the
>>embarrassment of bailing out "another Northern Rock-style collapse".
>
>>But the timing could not have been worse as they coincided with
>>publication of BAA's 2007 accounts showing that the airport operator
>>paid its recently ousted chief executive Stephen Nelson £2.6million,
>>including an unexplained one-off bonus of £1.5million..."
>
>
> Up will go the price of your imported food then Duhng - that should
> wipe the smile from your face
>
Nope Pee, it will hardly make a dent, particularly as I save so much
and harm so little by not using a car, unlike you.
--
UK Radical Campaigns
www.zing.icom43.net
Cars are the main contributor to food miles at 48%%.
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