What utter rubbish Re-Heat! Who exactly is going to 'fine' BA? The trustees? Perhaps the pensions regulator? And you really think that he is going to fine them so much that they force the company into bankruptcy with the subsequent liquidation of it's assets to pay off the deficit? Keep drinking the KoolAid Lloyd.
Cornflake - your claim that BA will not need to pay off the fund if they wind it up runs counter to the views of the professional actuaries and every armchair pundit on the TV. Who's got it wrong?