Heres an alternative way of looking at your facts:
1) This is deal is poor if you have short time left in BA, it's eve worse than a career average scheme if you have a long time left.
2) NAPS, frozen at todays levels of acrual, allied with 10 years stagnation of seniority, is not the best deal in British aviation.
3) Future accrual rates in real terms will be poor thanks to the 2.5% cap on pensionable pay rises. The retirement age will inevitably rise to 65, not 60.
4) The 'we need new aircraft' mantra doesn't wash. We don't need new aircraft. Even the oldest 747s aren't due for replacement for another 5 years.
5) The current and last CEOs have ruled out your model for a restructured BA. I think they know the business better than you. BA short haul collapse = loss of 30% of long haul pax who transfer through LHR. It also means loss of an awful lot of slots at LHR to other operators, despite the acquisition of LHR slots being a stated strategic objective of the board.
6) What world do you live in? Have you not seen the huge shortage of experienced jet pilots? Where do you think these newcomer airlines are going to find 600 experienced A320 pilots at short notice along with sufficient TREs? You sound distinctly managerial in your prophecy of doom outside the company. You also assume people are only too willing to jump ship from their existing bases for the prospect of a new FO position at the UKs most overcrowded airfield slap bang in the middle of the UKs most overheated housing market.
7) A strike in anger will show BA they've pushed us too far this time. If these proposals go through then my NAPS pension won't be worth the paper the contract is written on. Walsh won't push BA to bankruptcy, he can't afford to.