The economic crisis and now H1N1 - sadly I think that we are seeing the beginning of the end of Full Service airlines and the good T&Cs that come with them. The likes of Jetstar, Tiger, Ryanair and Easy etc are the sad future.
Having worked in Aus and FE most of my adult life, I have benefited more then most. Hope I can see out my days where I am now.
My heart goes out to my many friends (both expat and non) in SIA. Hope this all works out for you guys.
Thankfully none of my children and professional pilots. We will go the way of the engine drivers soon.