The letter is not far off the truth.
I can't reveal the details of the deal but the letter making the rounds isn't too far off. You can tell it didn't come from me as there are too many numerical inaccuracies;-)
What I can tell you.
AOA 443 Captains 218A scale, 225 B scale
522 First Officers of which 143 are based
144 Second Officers
CX
744 (approx)Captains(I didn't make that number up - just a coincidence)
1050(approx) First Officers
310 (approx) Second Officers
I say approx as the figures change weekly due upgrades, recruitment and retirements(watch this space!)
No one is ever forced to sign anything. But sometimes the choices are stark, as they were in 1999 for A scalers. You will have a choice to sign or not.
Will reveal more when info is in the public domain.