BA Is Shite

BA Is Shite

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The latest news and views on British Airways, the world's "favourite" airline.

Tuesday 15 April 2008

Standard Life Demands Answers

Standard Life Investments (SLI), one of BA's largest shareholders, met with BA chairman Martin Broughton yesterday to discuss the fiasco of Terminal 5 Heathrow.

Standard Life Investments, which owns 9.2% of BA, asked for the meeting with Broughton in order to raise its concerns about the shambles.

Neither Standard Life Investments nor British Airways would answer questions, last night, about their meeting.

David Cummings, SLI's head of UK equities, and Guy Jubb, the head of corporate governance, will meet BA's CEO Willie Walsh today.

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