Albertoli.
Your "friend" forgot to tell you the best bits.
7% pension.
No private health care.
850-900hrs a year.
3 months randon rostering each year.
Q1. How many shares did he get this summer...?
Answer, none (yet) we live in hope.
Q2. What will his pay be in 4 years time?
Answer, exactly the same, unless BALPA goes through pay negotiations each time.
Don't misunderstand me there are far worse employers but you need to ask your "friend" some more searching questions.