The CAAPS Nats pension fund is well run and in surplus due to the excellent stewardship of the Trustees. I believe that the savings to be made by changing the pension scheme would pale into insignificance against the costs to the airlines of selective strike action as mandated by the membership to the unions. I would have thought that it is about time that the various airline managements started to make representations to nats management about the costs to them of a strike (short or long term) and how it might affect them. One thing you can be sure of and that is Paul Barron will not be affected by any of the issues arising from the pensions situation as he will ride off into the sunset with a large amount of money for his performance in ruining a pension fund that was paid for and used for the benefit of the workers.
Last edited by DC10RealMan; 9th Nov 2006 at 07:57.