There actually is a lot to lose. If BA were to go under the reduction in pensions people have already earned, never mind would earn in the future, could be severely diminished. Also as far as future employment is concerned, starting at the bottom of other people's seniority lists would not be much fun for those any distance up BA's. 747 Capt to F/O on a Dash 8 is not a small drop.
That raises other interesting questions about the future of the industry and whether seniority within one company is of overall benefit to the pilot community. It is pretty well the only labour group which has clung onto this log. It seriously undermines mobility between companies for any reason be it lifestyle, location, income, unhappiness with a particular employer or anything else which might crop up as people's needs and preferences change as they go through their career.
Last edited by Skylion; 1st November 2006 at 21:51.
Reason: spacing