If you were to take the APS/NAPS pension schemes back to before Unites favourite PM/Chancellor Gordo Brown changed the tax laws and began his 120 Billion tax grab from the schemes they were both healthy.
Ask yourself WHY have all the final salary schemes gone into defecit? Simple, Gordo Brown took all the money out and made it too expensive to maintain such schemes.
Project forward using the original tax schemes and take the worst financial recession since the great depression out of the equation and both schemes would be well in the black.
Not all that happens is the companies fault and I personally find it laudable that they are attempting to maintain the scheme even if I am no longer in it. But of course BASSA have spun that the scheme ONLY benefits flight crew therefore is nasty, underhand and unfair. Typical Unite/BASSA rhetoric.