I honestly don't see much more than the 3% increment plus some fiddling with the flight pay for the following reasons:
- With all the talk about revaluation/unpegging of the dirham later this year, they will play a wait and see game - the last thing they want to see is a pay-rise by virtue of a currency revaluation.
- Right now, the rate of attrition is fairly low. At the December training meeting, Ed indicated as much and said that they felt no pressure to adjust the package as a result. In fact, I suspect that the decline in resignations is more of a short term anomaly due to the timing of various start ups and other carriers delivery schedules.
The result will be a healthy profit share which will be advertised as an increase in pay and a paltry adjustment to the package that, when proved insufficient will be left alone because budgets will have been written and because "we can't give the pilots a mid-year pay-rise and not give everyone else one." What we may see is individual deals being given again to DEC's (if it's not already happening).