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Old 9th Aug 2010, 12:02
  #40 (permalink)  
northern boy
 
Join Date: Nov 2000
Location: Manchester,uk
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whish i could still be that naive ...no offence
None taken.

The pension plan costs money. Delaying or messing around with it it saves a few euros at the cost of annoying people.

Breaking the terms of employment contracts will cost a lot more and does even less for the reputation of a company that one day might even be looking for crew again. Such an action would cause longer and deeper bad feeling and publicity than faffing around with benefits to those still lucky enough to be in employment after the dust settles. The ring fencing was made perfectly plain at the time the options were announced.

Just my opinion.
northern boy is offline