British Airways’ new pension scheme to save $112 million a year

Credit: Rob Finlayson
British Airways’ new employee pension scheme should result in annual savings of £80 million ($112 million), its parent company International Airlines Group (IAG) said. UK carrier British Airways (BA) closed its New Airways Pension Scheme (NAPS) to future accrual and its British Airways Retirement...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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