They won't announce the payrise until well into May despite the fact that this is the month we actually get it in.
They are watching the development of the American recession. They are currently making overtures to pilots from US carriers that have recently failed. The assessment of how many they may get will impact the salary increase for pilots.
Condition changes are about to be introduced either with or shortly following salary review. Some subtle and some not. All large "cost savers" which almost certainly means less for employees. I can't claim to know the details but do know they are coming.
HR is on a massive recruitment campaign at the moment in all areas.
Recession is a good time to take a swipe at salaries as we know once they are down they are very slow to appreciate in response to the economic environment so the benefit over years is massive.