Jindabyne - Its easy really. The company have a debt and in order to pay it off they want to take it from the staff. Why should we just accept that?
OK, pensions are a problem and something needs to be done. That is true of other groups of staff in other industries too. But what should we do? Let Rentokil set the standard and just take stuff away from staff, or follow the likes of other businesses who have out a one off chunk of cash into the pension, to pay off a debt they owe as a company?
If BA were to give a sensible solution to the given problem, no need to strike or put any pressure on to change things. If BA want to take the cash from us, that's a big problem and we should do something about it.
Most other people in the country (Rentokil and Co-op aside) don't stand to lose 40% of their pension.
Interestigly, BA would have made a 13% margin last year were it not for the increased price of oil. We have lower staff costs that some of our major competitiors (including Lufthansa) and are a productive workforce. Why should we have the bill presented to us?