PPRuNe Forums - View Single Post - Merged: ASA Staff Shortage
View Single Post
Old 5th Nov 2008, 23:19
  #275 (permalink)  
undervaluedATC
 
Join Date: Jun 2006
Location: Brisbane
Posts: 203
Likes: 0
Received 0 Likes on 0 Posts
Bill WoodfulIf you get 8.47% for the atrophy of the company, what for being a licence holding seperator thats keeping it afloat in a staff shortage?
AsA has offered 4% per annum - provided we give up or reduce about 6 of our terms and conditions. The whole thrust of AsA's arguement is that it has to be cost neutral - we have to pay for our payrise by giving up entitlements.

this from the company that made an net profit of $106M in 2007, and $92M this year - $14M less, but as mentioned above, this year there's a new entry in the report of "Write-down and impairment of assets $15.4M"

But I'm sure there's no correlation there - at all.
undervaluedATC is offline