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Old 11th Sep 2017, 21:29
  #57 (permalink)  
The Mixmaster
 
Join Date: Jul 2006
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At same time Jet II, in this instance you have a company which announced 2 billion plus profits last year and cash reserves many multiples of that, closing a DB scheme which although in deficit is but a mere drop in the ocean compared to their balance sheet. DB Pension funds across the world are struggling mainly due to historically low interest rates post 2008/9. This will not always be the case. I question why a fellow pilot's sympathies lie more with a company who promotes shareholder value at the expense of its employee's rather than with his fellow professionals.
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