Britain leaving the EU + British Airways and Privatisation

Question 1

What is the EU?

Answer 1

The European Union - It is a trade bloc

Question 2

What are the perks of being in the EU?

Answer 2

There are 27 member states.
It has a 450 million dollar market.
It has a standard set of laws.
It helps establish peace.
It is a monetary union.
It has supranational decision making. (all of the states decide together)

Question 3

What year was British Airways privatised?

Answer 3

1987

Question 4

Explain the offshoring done by British Airways.

Answer 4

British Airways plans to off-shore many of it’s IT jobs to India.
BA is enjoying huge profits, as they charge a high price for a premium service, and it would manage to lower labour costs significantly, by off shoring to India.

Question 5

What did the BA staff say about BA offshoring?

Answer 5

“BA’s reward for their colleagues’ loyalty is redundancy, and to replace them with another company’s cheap labour, brought in from abroad on dubious visas”.

Question 6

What happened with the BA merge?

Answer 6

BA merged with Iberia on 21 January 2011, to form the International Airlines Group (IAG).
IAG is the world’s third largest airline group in terms of annual revenue, and the 2nd largest in Europe.

Question 7

What foreign airline did BA acquire?

Answer 7

Aer Lingus. This was an Irish airline with many flights between Belfast, Heathrow and Dublin.