I very much doubt the uk government has any appetite for saving BA .
In any event it will not be necessary, much as it pains me to say so ,BA is still one of the best known global brands with an almost unrivalled network.
As I work for a competitor I sort of wish them down but realistically the routes, slots and brand are so valuable that I can't ever see that happenning.
There is nothing wrong with BA that can't be fixed but they do need to look very hard at some of their practices .
E.g. I do enjoy listening to BA crews bleat about how they are "pilots for BA " in the business lounges of 5 star city centre hotels around Europe but is this really cost effective/sustainable ?