Boondocker
You're not alone in your confusion, BA dismissed the whole cake-and-arse parade masquerading as a solution pretty much instantly.
Bassa accept they need to make permanent cost savings. (They don't really though ... )
However, face saving by Malone, Woodley and McCluskey requires them to demand to put back the crewing levels ...
Which means;
a) They plan to deny people their part time
b) Cancel flights
c) Close Zones (ie First Cabin)
d) Cancel unpaid leave.
e) Various other hairbrained schemes.
To save the money required they have all sorts of cunning plans;
a) Offer a paycut that the crew don't want
b) Do Middle East back-to-backs (which actually costs more due hotel bill - doh!)
c) Send the 767 to Eurofleet (yeah, the mums who do MAN day trips are going to love the African trips)
d) Various other hairbrained schemes which have been shown by PWC to be a tiny fraction of the required amount.
So, in summary, no, it doesn't actually make any sense. (and it's not what the membership voted for and were promised after a show of hands at the racecourse - no further negotiation)
Bassa = Tesco Value Representation.