Quite correct blue. However information on other threads seems to suggest that these guys put forward their proposal to management first, not the other way around.
The concept of "market forces"? Since when do market forces require a new group of pilots to carry out the same flying at half the pay? This is nonsense. Reduced pay maybe, perhaps something akin to Virgin. But sinking to this level is pure stupidity.
They have taken a giant dump in our collective nest. And there are those out there wondering why QF pilots are so annoyed at them.