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Old 4th December 2009 | 21:52
  #135 (permalink)  
Elephant and Castle
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Joined: Apr 2008
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Norman take your blinkers off for a moment. The fact that continental contracts looks good to you from a Pound based perspective is completely irrelevant. Not long ago no one wanted to sign a European contract because they simply paid less than a UK one at the prevailing rate at the time. The move on the exchange rate has not changed the cost of living in France, Italy Germany or Spain. It would be great if we could choose the currency where we earn our salary and the currency where we spend it but alas most of us earn and spend in the same currency. Large currency exchange moves are completely irrelevant to the vast majority of us although we all love to imagine how rich we would be if only we could spend our pounds in Bangladesh.

The fact is that easyJet is very much reaping the benefits of the strong Euro. In Berlin our ticket revenue is in Euros and therefore I see no reason whatever for the pay of german crews to be tied to the relative exchange rate of the pound.

I take it that following your logic once the pound / euro rate goes the other way (as it will surely do) all pay in the continent should be increased?

I am completely bemused that you seem to be defending the introduction of a B scale. I will bet any money that if you base ever closed and you got forcefully "reduncated" to Germany with the pound back at the historical level of 1.5 to the Euro you would be very much of a diferent opinion.

Last edited by Elephant and Castle; 5th December 2009 at 06:19.
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