BA are paying off debt at an amazing rate. This has been to the detriment of their obligations to the pension fund.
They basically want us to help them on their way to the 10% operating margin by sorting out their pension problems for them. They might as well be asking us to take a huge pay cut to get there instead.
BA would look in much better financial shape had they spent the last year paying off the pension deficit rather than their debts. It has been their choice to do it this way around, and it has been because they think they can sucker the employees into reduced pension conditions this way.
What they are doing is IMORAL.