Business Services Industry
British Airways' capable CEO faces daunting oil-price, pension concerns.
Knight Ridder/Tribune Business News, August, 2004
By Ruth Sunderland, Daily Mail, London Knight Ridder/Tribune Business News
Aug. 10--No wonder BA is keen to play down talk that its well-respected chief executive, Rod Eddington, may not be in the pilot's seat for too much longer.
Eddington's reign so far has been a marked contrast with the tenure of his predecessor, Bob Ayling, a man so disliked by his own staff that he was actually hissed at by crews.
An Australian with an Oxford degree, Eddington combines a razor intellect with a willingness to tackle tough issues head-on.
The company's straightforward description of yesterday's first-quarter results as merely "reasonable" is an example of this refreshing -- and rare -- corporate honesty.
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