Reality Check Please!
I have read this particular thread with great interest; and no doubt that most support is for the AL pilots (this is, after all, a pilot site!). Whilst my own background is military aviation, my Uni education was in business and economics; and after reading this, the smart-asses will suggest I should have followed that career-path! But the simple economics, I think, are there for all to see and they are that AL is a company with shareholders and duty-bound to maximise the return on investment - long term- for all those same investors. Yes, AL pilots are shareholders but clearly blind to the long term survival of the company. Belfast is in another country, another economy and NOT tied to the Euro! Inflation is half what it is in RoI, where the cost of living is second highest only to Denmark and the AL pilots are fussing over what looks like pretty good T's & C's to me or Joe Public in another country. You get good money and very good T's & C's that were derived when the gravy train sat in the station; well it's down the track and a reality check is in order because you could be setting up the demise of AL. It needs all the help it can get in the current economic environment and to have some of its own shareholders threaten this action is both short-sighted and quite unbelieveable.