New Airways Pension Scheme

British Airways (BA) will launch a consultation with members of its New Airways Pension Scheme (NAPS) on plans to close the scheme to future accrual.

The aggregate deficit of British Airways' (BA) pension schemes has climbed 94% since the end of June, despite one scheme increasing its surplus.

British Airways' (BA) scheme trustees approved a discretionary increase above the rate of the Consumer Price Index (CPI) despite warnings from the regulator, the company's lawyer has claimed.

Advisers to the Airways Pension Scheme (APS) did not succumb to pressure from trustees to deliver a framework in favour of discretionary increases, the board's barrister has argued.

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.

The Pensions Ombudsman (PO) has ruled in favour of the trustees of the Airways Pension Scheme (APS) in the latest twist in a long-running battle over indexation.

British Airways (BA) will continue to "contest every claim" from pensioners for inflation protection compensation, despite losing the initial judgment.

The vast majority of Airways Pension Scheme members believe BA trustees should hard-wire Retail Prices Index benefit increases into scheme rules, an official ballot shows.