BALPA have made BA a sensible offer (which should be palatable to the trustees). Willy Walsh keeps reiterating in the press that the Pensions situation should be sorted out soon. He is going to get egg on his face if this even goes to a ballot (as I am sure it will) as future bookings will be affected.
I personally don't think it will get to a strike - although I am very ready.
It's not about the company 'going under' - cos it won't (BA can afford to pay what we are conceding to). It's about common decency. Honouring contracts. Doing the right thing. But most of all keeping your employees loyal and onside. If that lot goes - then frankly I'll be better off working for someone else, whatever my juniority.
If we stick together (as we will) BA will take note. And so will other Airline managements. It will be for the common good.