Re: BA pilots 'prepared to strike'
In response to M Mouse re valuation of Assets
Revaluation of Property was effectively stopped in 1999 by FRS15. If BA does revalue then it would have to repeat the exercise every 5 years in full & every year at high level. Roughly this would cost £1-2m a year in fees (My personal guess not BA figures), and would not bring in any CASH to put into pensions etc.
Slots that have not been purchased can not be shown on the Balance sheet, and those that have would be subject to the same rules as property.
Hope this helps explain the position