Taking the hit
Ultimately, I think Willie is going for broke. Take the hit of paying everyone 66k max to get rid of the contracts and start again.
The hassle will below over as it always does and BA will be in a much stronger position financially.
BA needs to do this as it's loosing a fortune. Can't really understand why the crew think they're in the right to demand to keep their jobs. If your don't like whats on offer, move on to something else. It's not the USSR.
The share price went up when the strike was announced. Doesn't that tell everyone the strike will be futile?