"I may be wrong..."
You are, indeed, wrong and, had you read the article and not just the headline, you would not have raised the issue I suggest.
What the article actually says is:
"Overall, for the 12 months to the end of March [2010], the consensus is a loss of £602 million — more than £200 million more than the record £401 million reported for 2008-09."
Add the losses together for the two years and you get £1,003m.
As I said in my previous post, that equates to about 50% of shareholders' funds. Given that I hope it's now clear just how bleak are BA's financials, would you agree that reducing the workforce entirely voluntarily, on terms significantly better than the law requires, coupled with no pay cuts for existing staff and a revised on-board product to reflect the lower staff numbers avilable to deliver it is, actually, a very generous offer?