""Current basic top rate for a 24yr BA B777 Captain is £144,448 pa""
24 yr Captain may have been working for BA for about 35 Years. So, that would work out an average of about £4200 a month. Now, if a pilot was frugal, that £1.8m may just be correct.
The problem is world wide, not just with BA. Everybody is feeling the "penny pinch" and cutting cloths as appropriate. Somebody will have to pay, but as usual, its the staff on the lower wages and worst contracts who will feel the full force.