Originally Posted by
MelbourneFlyer
If calculated on the total package, 10% off the JQ EBA is not such a bad deal. In the current situation it would be a good deal. There will plenty who will grab that. Those who have had a taste of life in the sandpit or other 'exotic' overseas locations and been burned by uncaring employers will be forever grateful if they can land such a deal back home.
But EBA minus 10% alone won't give Rex the cost savings they will need to be competitive. So what else will be cut to the bone? Forgive me the cynicism, but if something seems too good to be true, it usually is.