The British Airways (BA) has come out of bad times after a long struggle. The BA’s annual report has revealed the consistent performance of the company which has been struggling lately with its trade union on the policies of the company,

Moreover, the report has highlighted a tangible improvement in the relation between the management and the crew union. With the rosy figures making round in the board of the company, the Chief Executive of BA, Willie Walsh was honored with a bonus of £420,000 in addition to the base salary and benefits of £564,000.

The board claims that the stipulated bonus was given in lieu of his extensive efforts to make the successful merger of BA and Iberia's parent company, International Consolidated Airlines Group (IAG).

Responding to the news, a Spokesman for Unite, claimed, "It is premature to pay bonuses on the basis of improved industrial relations and it is an insult in the week cabin crew voted in serious numbers to take strike action, reflecting their continued frustration at the airline's inability to solve this long-running dispute”.

Though Walsh had passed his earlier bonus for the last three years to the company as BA was incurring heavy losses, Walsh believes that this cash-plus-shares payout is a mark of recognition from his company.