Re: BA pilots 'prepared to strike'
Like I said I'm not defending spin, I've had to sit through JR telling us how dire every thing is every quarter, but somehow we're now the world's most profitable airline!
On the other hand, some of the counter spin is just as bad.
"BA has a huge cash pile" - Half of which is Passenger's money for flights they haven't yet flown
"one years debt repayment would clear the deficit" - A) the bank's want their cash back & B) M&S tried to deal with their defict by borrowing rather than adressing the basic imbalance in their scheme, all this did was waste £400m
so both sides are picking the stats to suit their purpose, big surprise.
Unfortunately there are only two solutions
Some-one pays more in (Employee, Employer or Govt)
Every-one takes less out