Originally Posted by
Witton Park
I'm aware of the early 90s. Around the time BA's profits were in the 100s of millions and Virgin were trading at a loss.
The cost of the early 90s shenanigans were a few million an yes dirty tricks, and they paid for them, but Branson was an early form of virtue signaller. My airline is much better, more ethical etc than your airline.
Branson didn't leave it there. He tried for years to take them for 100s of millions in the States and it got kicked out.
In the mid 90s BA were on of my share "punts" when I first started to dabble. I did OK. Bought in, sold at a decent profit a couple of years later and then managed to pick them up cheap not long after and sell again at a profit.
My beef was how BA had been shafted by the EU Commission, Commissioner Kinnock at the time. BA led an action against Air France at the ECJ along with Lufthansa.
They won.
By a signature post case, Kinnock retrospectively reversed about 4 years of legal process.