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Old 6th April 2011 | 10:25
  #384 (permalink)  
Ancient Observer
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From: Lemonia. Best Greek in the world
Another angle - the Pension Fund

Another angle - the Pension Fund

We must not forget that BA is a small airline attached to a very large Pension Fund.
Trying to either destroy BA, or to hinder its financial progress, could create a massive own-goal. BA needs money to replace its old (but well maintained) planes, but it needs money for its pension plan even more. I wonder whether any of the bassa folk - retired or not - have even spotted this. If the Pension goes down the tube, it impacts both Pensions in payment, and service so far.

However, doesn't it look as though the dispute is over?
If 5,800 voted for a strike, of whom only 40% would actually strike, then out of a workforce of approx. 14,000 would BA actually notice the strike? - Other than the headache for the crew scheduling team?
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