eglnyt
There is a hole in your Cost Pass Trough argument.
I don’t recall BA making a cash call to its shareholders to pay off the
US Department of Justice fine of $300m for
price fixing.
Neither do I recall BA making a cash call to its shareholders to pay off the
Office of Fair Trading fine of £121.5m or the
Australian Competition and Consumer Commission (ACCC) fines or the
£100m passenger compensation package they had to put into place following all these illegal activities.
So presumably the fines for these
illegal activities were paid
out of their revenue i.e.
passed on to their customers yet we are told by NATS management the CAA would never allow our pension scheme to be funded by our customers.
During the time of BA’s price fixing fuel surcharges rose from
£5 to
£60 per ticket, I have seen estimates that Cost Pass Trough for our Pension would be
29p per ticket.
Cost Pass Trough is the way ahead.