bloggs,
The company have agreed to change that wording on the website, though they have been a little "Tardy" in doing so.
The company can no more decide it can't afford to pay the loyalty bonus than it can decide not to pay you next month. It is legally bound by our contract to pay it untill such time as we vote for something we feel is more benificial.
As for commands, they will still upgrade and type-rate a suitable Boeing FO before they will hire an Airbus DEC. Things have "Slowed down" as the fleet will only expand by 17% this year instead of the 24% originally planned. I know of no FO who, having been reccomended, has had to wait more than 6 months for an offer of a course. Do You?
I'd also like to know where your 12% pay cut figure comes from.