The following sum up the different aspects of the "deal":
Umbrella agreement — completely 1 sided
ARAP agreement — concession
HKPA — not even at TA16 (and less than COS18)
Pay — not completed
RPs — marginal at best
D&Gs — not completed
JCR — not completed/ reneged
Seniority fleet xfer — not completed
The overriding tone of the proposal is a desperate need for the company to get rid of the training ban. Ask yourselves why they are so intent on attaining that accomplishment. That aspect of our strategy has helped grind this company to a halt (no increase in size in years). Further, it is now a huge impediment to not only growing the airline, but even allowing them to keep the airline at these static levels, as much of the withering training capacity is being used to simply train new replacements for those that are resigning (and many, many are resigning). Why on earth would we now throw away the one strategy that our management are desperate to see eliminated, and not only do it voluntarily, but in exchange for virtually nothing (see above points). More damaging, we would be doing so just as the company starts to reap big profits (as the worlds worst ever fuel hedge comes off the books). CX is attempting to push one last great bluff past us, and in doing so, make utter fools of us, and at the same time effectively destroy the AOA. We will be seen as the laughing stocks of the industry, as we would deserve to be if we vote yes for this. CX needs the TB gone. We should not give away the only really effective strategy without achieving a proper contract in return. This proposal is a pile of steaming excrement, and an insult. It is a NO from me.