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Old 18th Jan 2006, 19:56
  #166 (permalink)  
tristar500
 
Join Date: Jan 2004
Location: UNITED KINGDOM
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BA Pension nightmare

According to some of the Captains and F/Os, they would be more than happy for BirdSeed Airways to go bankrupt.

Who would accept their employer 'laundering' pension contributions and then saying that their pension scheme is being altered (to suit the company) and the expected final payout will be up to 45% less than expected! It dosent matter who the employer is - its the principle. Its not the employees fault that things didnt go according to plan in the financial scheme of things. They paid in faithfully and kept their part of the contractural agreement. However if the company, led by the ever charismatic Captain Willie 'Wonka' Walsh continues to imply that 'thats the way it is - take it or leave it', then brace yourself for a long, hot summer yet again...

Story is that a new aircraft order is imminent. Maybe the money should have been diverted elsewhere. Thing is, without the flt/cbn crew and the ground support staff, lots of shiny new B777-326ERs are useless... Nice one Willie
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