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What’s coming this week in business? General election, airline shareholders and Rodney Ayre

General election business
General election business

The general election and what it will mean for business will be uppermost in the minds of most north and north-east employers this week.

Whether they will wake up on Friday morning with any clearer idea of what lies in store after Brexit is debateable.

With so much up in the air, many of them will be feeling the UK and its economic prospects are like an airline heading for an unknown destination.

Two real airlines will deliver news for shareholders and customers this week.

Shareholders of British Airways (BA) will be looking for some enlightenment when the flagship carrier’s parent, International Consolidated Airlines Group, gives a trading update tomorrow.

Passengers travelling to and from both Aberdeen and Inverness were caught up in the chaos when BA’s IT systems suffered a catastrophic failure last month. It left about 75,000 travellers stranded.

Further disruption is looming when BA cabin crew start four days of strike action next week in a long-running pay and benefits row.

Flybe announces results for the year to March 31 on Thursday, with the regional airline having already warned of losses due to slowing demand and cancelled flights.

In March, Exeter-based Flybe highlighted a litany of problems facing the business and warned a major IT systems upgrade, aimed at bolstering online sales and improving customer experience, would blow a £5-£10million hole in its balance sheet.

Flybe made pre-tax profits of £5.5million in 2015/16.

Meanwhile, the keynote speaker at a business conference and exhibition in Aberdeen on Thursday, Rodney Ayre, manager of Mitsubishi Electric Scotland, will focus on transformational change.