£2.4 BILLION?
Shuttleworth, Where have you got that figure from?
As far as I'm aware, pretty much every fixed asset that isn't in use has been flogged off since 9/11.
Most current assets have large liabilities offsetting them e.g around £1bn of cash is held for tickets sold but not yet flown. BA has a liability to those passengers.
I want my pension as much as everyone, and I'm not happy with the offer, but claims that can't be supported don't help the arguement