Just a quick one, and it refers to one of the first posts on this subject.
To my knowledge, BA have NEVER made anyone redundant from the crew community. There are many crew at both LGW and LHR who started their training course on 10th September, 2001..they are still there! Many other airlines send their new entrants home, without so much as a by or leave!
BA had the resources at the outset to offer various cost cutting schemes, i.e. The Business Response Scheme, which offered part time working, unpaid leave, career breaks etc etc. All of which are totally different from redundancies. This also gave many crew the chance to try other jobs within BA, i.e. ground staff, IT etc...And at the same time, keeping their seniority and most important Staff Travel!
And as welieintheshadows says, there are SO many aspects to the business, that you can move around.
At the end of the day its your own decision, but I have never looked back, since joining BA.