Messrs Baland and Robinson acknowledge that negative bequests might be hard to implement, for both social and legal reasons.

ECONOMIST: Kids need liquidity, too

"While we acknowledge that the UK's continuing economic weakness is having a negative impact on business, we have yet to be convinced that the combination of job losses and the outsourcing of line maintenance put forward today provides the answer, " said Prospect negotiator John Stevenson.

BBC: Flybe plans 300 job cuts in revamp programme