I'm sure you have all heard: Ba have declared a reduction in the amount of flying they will undertake in the next 3 seasons, up to 31 Mar 2011. This is likely to result in a surplus of approximately 100 pilots.
Negotiations are commencing to discuss how this surplus will be handled.
Worthy of note, is the fact that, due to the recent offer of Voluntary Redundancy, it is highly unlikely that any of the pilot workforce are considering retiring in the next 12-18 months!