The union’s view was that this package would be worth around £100m. The company had Price Waterhouse evaluate the package. They evaluated its impact at £54m. The union sees this as ironic since the value BA ascribes to its imposed changes is £50m, less than was offered by the union.
...so FINALLY the Cabin Crew union admit to telling rather LARGE porky pies (LIES)- their own version of the 'truth' sent out to all CC members quite clearly told all Cabin Crew in black and white print that the value of their offer to BA was £175 million!! Yet here they have to admit (as they can't lie about financial matters to the City!) that they only ever thought it worth around £100million and that actually Price Waterhouse Coopers independently valued their TEMPORARY cost cuts at £54 million!!! I emphasize the word 'TEMPORARY' here because not only was their 'offer' only 35% of what was required, it was also conditional on all cuts being paid back to the crew as they thought that the crippling drain of antequated working practices, annual IA, less work for more money, BASSA running the company etc etc was only TEMPORARY!
...and all this 'financial' hocuspocus worked out whilst refusing to look at the company's confidential financial accounts! Incredible!
Exposed as complete LIES, told directly to their fee paying members!!