Hmmm! In monetary terms, the EBA 8 Offer was far superior to what rolling over EBA 7 provided. (Ie: 4 x 3% & a one off 4%) compared with:- Back pay of 3% pa from 1 Jan 07,
- A new B744 fleet pay structure for all LH pilots,
- An increase in MGH to 175 hrs - not 160,
- A increase in agreed Fleet pay rates of 3% annually,
- Full CPI protection by way of a bonus bank on top of the 3% annual fleet pay increase,
- Introduction of an employee share purchase plan using salary sacrifice dollars ($1.51 buy when Qantas raised capital in March- now $2.50)
As its architect (Garry Duggan) says elsewhere
Just... the many benefits buried by the misinformation.
And when it comes to career protection, EBA8 didn't let Qantas New Zealand be used to threaten Mainline; as the EBA7 Rollover has.
IMHO, the rejection of LHEBA 8, orchestrated by political vested interests with scant regard for other than soon to be A380 Captains, is probably the greatest folly unwittingly committed by Qantas LH pilots in my 30 yrs in Qantas?
Yes, EBA 8 also required LH pilots to endorse simplicity and flexibility and it was this aspect of it, that was used to kill it.
Worry now is - that very same simplicity and flexibility is required if the Qantas Group is to prosper and Mainline compete with Jetstar.
Best solution all round means, career progress and the kicking the GOAL.
Last edited by WoodenEye; 14th Aug 2009 at 23:49.