Skittles,
You're not the only one...., but it is, seemingly,
hatchet's first post so maybe we should cut him/her some slack, and assume they're a glass half empty rather than a glass half full kind of person.
hatchet
Like you I could trawl through the media for a few stories about an airline and then post similar dire warnings...especially if I wanted to put off the opposition, had an axe to grind or simply wanted to indulge in a bit of mischief making...
I'll leave the detailed financial stuff to someone better qualified, but I would say that IMHO for whatever reason you're painting an overly pessimistic, slightly extreme picture of IAGs/BA position:
As to a couple of your other points:
There has also been a succession of law breaking at British Airways.
I'm not condoning BA's behaviour in the cases but why single them out - are you perhaps trying to imply that all other airline's are squeaky clean? Do you remember which UK airline was also involved in some questionable behaviour/law breaking, along with BA, and then indulged in a bit of whistle blowing TCTA? In other areas (e.g.basing policy, passenger's rights) some other airlines seem to be perpetually fighting and sometimes losing, relatively low level legal cases, they win some, they lose some, so I suppose by definition they also "law break".
The legacy cabin crew do not have a great relationship with the pilots.
Interesting you brought that one up - what are your sources for saying so? Please don't believe for one minute the nonsense and spin you see posted elsewhere on Pprune by one or two individuals, who may or may not have been Union reps, who are still desperately trying to fan the embers of a dead industrial dispute. In reality most legacy cabin crew are a pleasure to work with and socialise with. That said if the idea of dealing with legacy fleet is still a cause for concern then remember their numbers are in decline as Mixed Fleet grows in size. By the time the FPP'ers hit the line legacy fleet will probably make up a minority of the cabin crew workforce.
Given you obviously don't recommend working for BA which paragon of virtue/financially 100% secure airline would you recommend people
do apply to?
FWIW my own POV, based on over 35 years in aviation, the majority in BA, is that whilst I don't want my own offspring going into flying at all if they do insist on doing so then the BA FPP is probably the only decent deal in town at the moment.