BA employees worked hard to make the profits that are being used to fund PL.
Except the proceeds of the sales of the regional ops to flyBE, the proceeds of the sale of the Qantas stake, and the sale of any other non-operating asset...quite of lot of those recently.
Further, there is no mention of funding - there is likely to be debt included - so probably best to leave the spurious issues and concentrate on the core issue.
Is it a threat to or taking away from the current workforces' jobs. As a union member, aside from safety, that is the only issue you should care about.
Forget the spurious ancillary issues as BA management will tie you up to Christmas and ignore the main point.