50% of the workforce at 75% of VA pay would make a huge difference
Crew costs, crew. Flight crew and cabin crew.
Do they make up 50% of the VA (previous) workforce?
Is a 50% pay cut realistic? Cabin crew would walk at that salary.
& how do you arrive at that idea ?
I didn't.
As you can see above Boeing and IATA came up with these figures. So the pilot EBA was not the cause of this, neither was Covid 19, that merely brought forward the move to administration.
In my opinion it was lack of cost control. They turned over around $5.5 billion dollars a year and every time I flew on them the aircraft was full, or close to it and yet they could not make a profit. That says to me that costs were too high. 2-5% either way on a pilot EBA would not be the reason for the last ten years.