However you view the 4 year deal, it is a pay cut. the percentage figures quoted in no way make up for the loss in earnings of the Flight Pay. The method of calculation will be radically altered in the 4 year deal to reduce the payments by around £6000 a year.
The allowance they talk of will be taxed and in no way make up for the loss of flight pay.
5 minutes with a calculator shows CPTs will be 5% worse off and FOs around 10%
FR want their pilots to be paid peanuts. Care to join them?