Isn't JM a pilot manager?
I did 95 stick hours last month. A330 Capt. If you compare my package versus CX. With house purchase scheme differentials and overtime rates I come in about the same as an senior CX A330 FO.
It's not a merger- it's a takeover of lower employment costs.
Dragonair wasn't stumbling. It was being built up in areas to attract the best price- ie: China.