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Old 28th July 2007 | 04:29
  #57 (permalink)  
Numero Crunchero
 
Joined: Oct 2006
Posts: 651
Likes: 0
From: Hong Kong
Mr Bloggs,
we did not vote in B scales for a 8% pay rise in 1994. We accepted degraded rostering practices and the loss of 2 weeks leave for that 8%.
B scales were introduced on 1 April 1993. We A scalers did nothing to stop it. We never got a payrise for it though.

New FO scales will not cause a paycut to current employees just like B scales did not cause a pay cut to A scales.

bobrun,
at current growth rates a brand new joiner today could expect up to 4 years delay. That assumes every CN extends past 55 and no loss of medicals, death etc.
CX often state that they will grow faster if we had RA65. The rate required to absorb all the 55+ year olds is not really likely. We have 102 aircraft at end of 2006. At end of 2011 we would need around 175 a/c to absorb the 55+ guys, or we would have 139 if we remain on current growth rate.
IN recent history we have roughly 50% command courses for replacement of retirees.

Assuming an accelerated, but realistic growth rate, I would suggest that a new joiner might be delayed around 2 years. Obviously an FO due to start command in Jan08 won't be affected at all, delay wise, so pro rata it in between.

Under that assumption of accelerated growth rate, a new joiner would suffer 1 years loss of earnings, NPV wise, assuming he gets bypass pay and 2-3years if he doesn;t get bypass pay. But the counter argument to that is that he can work another 10 years. You be the judge as to whether that is a 'win' or not.

Clear as mud!?
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