Dragon Man,
I am not questioning your statement. I have no doubt these figures were presented by managament.
However, the J* / Mainline MOU is "dormant". The company has not yet indicated activating the transfer of mainline to J*.
I would expect an activation of the MOU to J* whilst "they" continune to recruit prior to any redundancies in Mainline. There are redundancy protection clauses inserted in the MOU.
The most recent SO's to join mainline are not covered by the MOU as they were not employed at the time the MOU was signed. However those with more seniority in mainline could utilise the MOU transfer to protect those more junior.
Already highlighted in another thread is the fact "preserved" seniority positions in Jetstar would allow mainliners to transfer to A330 Captain positions.
So my statement, reduncies are a way off yet. Is with reference to contigencies such as MOU transfer, reduction to incremental pay increases or any other contingency yet to be announced or negotiated.