PPRuNe Forums - View Single Post - British airways pension to close.
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Old 11th September 2017 | 08:35
  #42 (permalink)  
The Mixmaster
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Joined: Jul 2006
: SLF
Posts: 218
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From: Barcelona
The truth is all IAG care about is shareholder value and increasing profit as they have done every year. Cost cutting is a big part of this and labour cost is always in their headlights. Have all NAPS members reached 1 million DB funding cap? If so, it makes no sense to continue scheme. If not then this is IAG transferring wealth from employee to shareholder as they are wont to do.
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