Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Mysteryman on 20 January 2011, 13:50:35

Title: British Airways (BA)
Post by: Mysteryman on 20 January 2011, 13:50:35

...will become International Consolidated Airlines Group (IAG) from Monday. There goes more of the family silver.

Title: Re: British Airways (BA)
Post by: Entwood on 20 January 2011, 17:21:17

Old news .. this was announced way back in November !! and will only apply on Stock Exchanges .. BA Trading name remains .. :)

http://www.dailyfinance.co.uk/2010/11/29/ba-name-to-disappear/?icid=main|uk|dl4|link7|http%3A%2F%2Fwww.dailyfinance.co.uk%2F2010%2F11%2F29%2Fba-name-to-disappear%2F

:(

The main thing that most folks missed is BA will no longer be a UK Registered company ... but will become Spanish registered .. :(

Title: Re: British Airways (BA)
Post by: Mysteryman on 20 January 2011, 19:13:06

I don't think I said they wouldn't be trading as BA. I think I was leaning towards the fact that they will no longer be a registered British company. Hence the 'family silver' quip. :-?

Title: Re: British Airways (BA)
Post by: albitz on 20 January 2011, 19:22:30

I wonder if that will exempt them from U.K. laws and/or previous union agreements ? :-/

Title: Re: British Airways (BA)
Post by: Mysteryman on 20 January 2011, 19:34:15

Quote

I wonder if that will exempt them from U.K. laws and/or previous union agreements ? :-/

If they trade in Britain, they will be subject to British law. Union agreements? Who knows, who cares?