APS

The former chairman of the Airways Pension Scheme (APS) has told the High Court trustees of British Airways' (BA) other pension scheme must accept their decision to award a 0.2% increase.

A £250m contingent payment, due to be paid in 2019, was created for Airways Pension Scheme (APS) trustees to use however they wanted, according to its former chairman.

Member-nominated trustees (MNTs) of the Airways Pension Scheme (APS) became more flexible and mature as time progressed, a fellow trustee has called.

The Airways Pension Scheme (APS) trustees needed to take a tactical approach to funding negotiations to pay Retail Price Index-linked (RPI) increases, their former legal adviser Anthony Arter has said.

Airways Pension Scheme (APS) members were sometimes hostile and intimidating towards trustees and advisers over pension increases, the scheme actuary has recalled during a landmark High Court case.

Trustees of the Airways Pension Scheme (APS) believed it would be a "lost opportunity" if the scheme ran a surplus, a lawyer for British Airways (BA) has argued.

British Airways' (BA) scheme trustees turned on their advisers and put pressure on them to change their advice, the High Court has heard.

Trustees of a British Airways (BA) pension scheme have been described as "inflexible" after being accused of deliberately ignoring advice about the future of the scheme.

Trustees of the British Airways pension schemes have been accused of trying to grant "gratuitous" and "unearned" benefits to scheme members in opening statements of a landmark trial.

The combined balance of British Airways' (BA) defined benefit (DB) schemes has returned to a deficit after recording a surplus at the end of last year.