No strike at Heathrow

The strike by flight attendants at Heathrow has been averted and in the nick of time too. British Airways, which had cancelled 1,300 flights as a precaution, states that all long-route flights will be restored.

The good news for the cabin crew is that their pay is going to rise by 4.6% in this year. The strike was to be held in protest against the reduction in the number of sick leaves and also downsizing the attendant staff. These measures would have saved the airlines 50 million pounds. The news of the strike being cancelled had a positive effect on the value of shares held by British Airways, which rose 2.8% and touched 542 pence.

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