BA meets unions on pension deal

16th Nov 2006

British Airways has kicked off meetings with trade unions in order to tackle its weightly pension deficit, in the face of possible strike action.

Sources familiar with the situation told Reuters news agency that they may have been considering strike action.

A final outcome of the talks was unlikely this week, one of the sources told Reuters.

BA had agreed with trustees to make a one-off injection of 800 million pounds ($1.51 billion) and pay up to 50 million pounds a year for three years to tackle its 2.1-billion-pound pension deficit.

British Airways won the World’s Leading Airline accolade at this year’s World Travel Awards.



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