PPRuNe Forums - View Single Post - Willie Walsh is the man to head BA
View Single Post
Old 5th Apr 2005, 17:21
  #104 (permalink)  
ShortfinalFred
 
Join Date: Nov 2004
Location: over the hill
Posts: 179
Likes: 0
Received 0 Likes on 0 Posts
Angry

Well, rumour control has it that the "elephant in BA's boat", as Rod E liked to call the massive hole in the BA NAPS pension funds, is about to be comprehensively plugged by a campaign to move as fast as possible towards paying-in enough to pay-off ACCRUED pension rights of existing members of the scheme, and then close it.

This will prevent existing members of the scheme from accruing the benefits that they thought they would at retirement.

On to other things - one of our illustrious managers has let the cat out of the bag and declaimed that bidline is "unworkable" and "has" to be replaced - shorthand for "we dont want to employ enough pilots to do the work that would keep work levels below 850 hours a year in shorthaul".

So much to look forward to when our new man arrives!
ShortfinalFred is offline