UK - British Airways' deal with its scheme trustee over how to plug its £3.7bn deficit has been approved by The Pensions Regulator.
The go ahead paves the way for the airline's long-planned merger with Spanish carrier Iberia.
In June, the airline agreed a deal with trustees which avoided scheme closure.
The deal maintained annual contributions at present levels - £330m. It also agreed annual increases in line with inflation expectations averaging 3%. BA also pledged to continue deficit contributions until 2026 for the New Airways Pension Scheme and 2023 for the Airways Pension Scheme.
In addition, BA committed to top up deficit contributions if its year-end cash balance reaches £1.8bn.
British Airways chief executive Willie Walsh said: "The recovery plan was finalised following consultation with our trade unions who agreed on reductions in future benefits. It was submitted to the UK pensions regulator which has now completed its review of the funding agreements and recovery plans and has confirmed that the plans are acceptable."
He added Iberia now has until September 30 to review the recovery plan as part of the merger deal.
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