Quote:
Originally Posted by LondonRoad
Walsh is pinning all his hopes on a merger with Iberia. Once Iberia have a look at the books and see how deep the hole in the pension fund is they may well just walk away from the proposal. If they don't walk away it will be a marriage in which BA will be the weaker partner. BA will exist in name for a while in much the same way as Abbey National did but in reality it's a British institution that will be lost forever.  Great victory eh  |
If this happens it will be a institution lost partly because of the Unions. The truth is, compared to other airlines, they had one of the best salary packages for staff. I don't see how giving them even more would 'save' BA.