As the profit news seems to highlights today, BA haven't been completely honest about impending doom and imminent shut down.
Again - do you understand company results? Top level figures mean nothing. It is perfectly possible to have a company posting "profits" and then going bankrupt. Have you analyised the balance sheet, investigated the P&L, looked at the various accounting treatment of the assets, the various depreciation and amortisation, the off-balance sheet finance (and the off-balance sheet liabilities)? Until you do that, you have no idea about the health of a company.
BASSA were given the opportunity to access all the public and private information to make that accurate decision, access which I do not have, and which numerous analysts in the City would love to get their hands on.
So who has been honest - hard to tell, but the headline news tells us very little about the health of a company.