Rod has realised that you guys have ripped the ring out of pay, allowances, pensions etc. BA cannot, and will not continue to subsidise you overpaid and inefficient pilots.
Get real. This is the real world. BA's share price is unrealistic.
Everything they touch turns to a can of worms.
Their pension fund is technically bankrupt, being funded by the people who are going to get less than half of all the jam stealers who are getting in excess of 80k at the moment.
They don't have two halfpennies to rub together.
IMHO, 1% is too much!
Welcome to the real world
