DC10Realman,
At the pensions briefings I asked a senior member of the NATS management the question about how watertight the memorandum on the pensions agreement is going to be. Basically it is not. There is nothing to stop the Company coming back to us in 2 years and saying 'sorry chaps, this isn't working we need to re-negotiate the whole thing'. Their rationale is that the Company can't be allowed to risk going bust just to support our pensions. Enjoy!!
Regards ADIS