This is playing right into the companies hands. At heir latest roadshows in NZ they dropped the old chestnut that if the EBA can’t be resolved or becomes too costly they may have to move flying and or new airframes to other entities as the Aussie operation will have made itself too expensive. Now obviously we can see what they are trying to do but I don’t think they will be upset at this development as they are quite skilled in divide and conquer. Also the company seem quite keen on opening the NZ contract negotiation soon which would mean both the EBA and NZ CEA under negotiation at the same time, I wonder why they would want that!