Just to clarify:
Have the CC have agreed in principle a pay cut of over 11% for future joiners? What is the rationale applied? I was under the impression that Flybe are a profitable company (albeit one which is investing heavily in expansion). If what Flyingbug says is correct the CC are prepared to allow the company erode T&Cs in a time of profitable trading.
How is this justified? I dread to think what would happen if there was a downturn.
Will the savings be used to fund wage increases for those at the other end of the seniority list?
Please tell me it is not true. It is a bit like selling your children off into slavery.
sr