Re: BA pilots 'prepared to strike'
I'm sympathetic to the cause, but answer me these please:
To generate your pension at current levels, you will need a pension pot of around £3 million. Will you have actually produced that amount of wealth in your working life, in addition to what you've taken as salary and benefits?
If you haven't, then your retirement is being subsidised by someone else, ie other employees, shareholders, etc. Is that fair and reasonable?
If you want to improve your creation of wealth, you have to get the ticket prices up. BA then becomes uncompetitive and you lose planes and jobs.
It's straight economics, and something somewhere has to give in all this lot. Obviously you don't want it to be your pension - so what would you like it to be?