Hiflyer14, sorry you found my post so vicious, it truly was not meant to be, just a plain and simple observation of what is likely to happen with the few facts I have, from a very good source.
You need to communicate your thoughts to BASSA, they seem to make some sense. (ie you make good sense not BASSA) unfortunately I'm guessing if you voiced them on their own forum you would be shot down in flames, a shame really.
All BA employees have hobson's choice really. Negotiate the best deal with whats on offer or face the consequences........bankruptcy and redundancy, at best someone might pick some of the best bits out and keep it running, but ask anyone from Alitalia or Swiss what this feels like, and what sort of T&Cs/pay they enjoy now.
For what its worth BA went shopping for a loan a few weeks ago to see them through the winter, its rumored they wanted £300 million. Not one bank/institution wanted to lend the money, on any
terms until employee restructuring took place.