|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |    17th of January 2018
|   Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

Economy News feed Economy News

Companies news feed Company News

All Financial News feed All Financial News

Union and BAA in talks to avoid airport strike

Bookmark and Share

by Kay Mitchell

Talks are ongoing between airports operator BAA and the Unite union to try to avoid strike action which could see six UK airports shut down over the crucial bank holiday period.

Face-to-face talks between the two parties are taking place at the central London offices of the conciliation service ACAS and comes after BAA voted in favour of strike action last week.

BAA, which is majority owned by Spain’s Ferrovial, owns six airports: Heathrow, Stansted, Aberdeen, Edinburgh, Glasgow and Southampton.

These airports would have to close on any strike days, as crucial staff including fire-fighters, security staff and ground staff at airports, would take part.

Approximately 350,000 passengers per day travel through the six airports and industrial action would affect more than 200 airlines.

However, BAA has today said it hoped to “quickly conclude an agreement, in the interests of the travelling public, our airlines and our staff”.

Meanwhile, Brian Boyd of Unite said: “We’re trying to do everything we possibly can to avert [disruption to passengers] but the company’s got a major role to play in the resolution of this dispute. It has to give us something better than what we’ve had up to now and the company knows that.”

Walkouts could commence as early as 23 August if there is no resolution today. However, the union does have to give the company seven days’ notice so many analysts believe Unite could stage a walkout for the August Bank Holiday weekend – which is set to cause travel chaos.

The vote for strike action comes as union members are in a dispute over pay. The union has already described BAA’s offer as “measly” and is seeking a rise nearer to 2.5% rather than the 1% offer already tabled.

BAA staff agreed to a pay freeze last year. However, the company argues its offer is a generous one – particularly after a year that has seen a slump in passengers following the global recession, and more recently, the volcanic ash cloud disruption.

Discuss this in the Finance Markets forums

Story link: Union and BAA in talks to avoid airport strike

News posted: August 16, 2010

Financial Services:

Related financial stories to: Union and BAA in talks to avoid airport strike:
Previous: «
Next: »

Visited 1688 times, 1 so far today

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Tags: , ,