PPRuNe Forums - View Single Post - BMI mainline pilots made redundant?
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Old 2nd May 2012, 15:41
  #179 (permalink)  
Juan Tugoh
Join Date: Apr 2004
Location: UK
Posts: 856
I am not sure why IAG should be responsible for the pension blackhole, they bought BMI with the proviso that Lufty would keep the pension liability. Indeed there would have no deal if IAG had to pick up this liability. How Lufty then manages to duck it's obligations to the pension while still being solvent is a mystery.
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