Even without going bust an increase in pension costs would only add to the apparent shortfall in the CP2 budget and if the current shortfall could only be addressed by job losses it seems reasonable to conclude that a bigger shortfall would need more job losses.
Shortfall? We've been making 50 million profits for each of the last 5 years. I can't wait until this year's financial results are published.
And how much did NATS get from the sale of heathrow tower?