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Old 29th Jan 2006, 14:27
  #281 (permalink)  
bealine
 
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Good Luck to ya, pilots!!!

I wish our ground staff unions were as strong-willed but with lasy years's Gate Gourmet fiasco, they've now lost 90% of their power!!!

Our Pensions are a DEBT - in exactly the same way as we have to pay for leasing our aeroplanes and pay for catering and fuelling, the company owes us the deficit in our pension! BA was entrusted with the job of managing our pension fund - it didn't do a good enough job so it's BA and no-one else that is responsible!!!

It's interesting to note that Continental recently sold its share of COPA airlines and ploughed the US$ 50 million into its pension fund because CO sees it as a contractual duty to make good the black hole in its fund! Why hasn't BA done that with the proceeds from "Go" and, more recently "Mr London Eye"???

The only reservation I have is that every situation we have had in the last 10 years involving industrial unrest has ended up with the employees being shafted!!!

.....BUT I DO WANT MY PENSION SALVAGED!!!!
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