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British Airways (IAG) has upper hand in pay negotiations
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British Airways (IAG) has upper hand in pay negotiations
The Corner Alphavalue/Divacons | British Airways pilots are set to vote next week on a 79-page pay deal described as ‘kamikaze’, putting the airline on the brink of a strike. Despite the tension, British Airways has the upper hand in the negotiations: its debt and pension liabilities are much lower than those of Deutsche Lufthansa (reduce, Target Price €7.4/share), giving it the financial leeway to concede on wages or weather the impact...
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