What I expect is the company imposing this 78% proposal as a permanent new pay scale for all new captains. Yes I am becoming a cynic before my time, but I've learnt from some fairly cynical captains at my base!
I don't want contract captains either, but I am uncertain which is worse for our T&Cs (both seats) from a long term point of view. Creation of a B-scale is Cor Blimey's wet dream.
Anyway, on topic, I have heard from mates in Thomson that they are sending 737 crews to ezy during the summer, as mentioned above. Bad news for the hold pool.