I think the '4 engines 4 long haul' rhetoric is a little outdated now, so I'm guessing the 747's and A340's are going to be retired and theres what, 14 of them? It would be great if there was some expansion though..
Apparently a lot of retirements to come so potentially lot's of movement. I heard 1/3rd of the workforce to be replaced in the next 5 years or so? Seems like a drastic figure, perhaps the avg age at the top of the seniority is going to cause a bulk of retirements then..
I have also heard from a source in virgin that new joiners pensions are to be cut to 10% among other wider cuts which would be a real shame. Hopefully the union(s) don't allow it for the sake of the people joining after them.