RE: RNS out 5:40Pm about IAG payments towards pensions >>15 Dec 2022 21:44
"The reduction in the deficit between 2018 and 2021 has been mainly as a result of British Airways' contributions of £1.3 billion between April 2018 and September 2020 and the outperformance of asset returns over the previous discount rate, partly offset by the impact of the UK Government's reform of its RPI inflation measure, aligning it with CPIH from 2030.".
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So they contributed £1.3 billion to the pension between April 2018 and September 2020.
So I make that 2.5 years. £1,300,000,000 / 2.5 = £520 million per year.......... they no longer need to pay???
I will be watching the sp tomorrow morning closely!
All IMHO.