Not good news but no great surprise. I was talking to a guy who turns out to be fairly significantly involved with the BA/IBERIA merger earlier in the week and he said there's lot's of talk of 'streamlining' within said merger if it goes ahead (which according to him seems pretty certain at the moment), which is bound to lead to more job losses. This could be just round one of redundancies unless things turn around pretty sharpish. Sad times.