There is a lot of creative accounting by the BA sympathisers on this thread. Somehow they can easily explain away the hundreds of millions BA have paid in fines, as nothing more than a little dot in the fiscal history of the airline.
Just the fines alone make the savings required by Walsh appear insignificant. Then you add on (by the way, my English teacher at my Grammar School said that you should never start a sentence with 'then') the fuel hedging lash up, OpenSkies, legal fees for the airline plus those for managers facing trial, you can see quite clearly that the dispute with cabin crew is nothing to do with money.
Anyone would think that BA's cabin crew earn so much that they alone are bankrupting BA. What is difficult for BA's pilots in the future, is how they demonstrate that their skills flying a BA jet are superior to a first officer in BMI Baby? The old hands here should be spending their time concentrating on this thought ,and hope that BA's cabin crew win their battle..... as you are next!!