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Old 13th August 2002 | 07:43
  #13 (permalink)  
tone-uncage-fire
 
Joined: Aug 2002
Posts: 51
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From: All the leaves are brown, and the sky is grey....
In the history of aviation industrial relations there has never been an effective ban, in terms of stopping new joiners........ whether it is effective as a tool to force the management to talks is of course another story. I guess the question is how long can each side hold out?

Question: Can the company afford the statis quo? Answer: Yes (and a healthy quarterly profit to boot.... 9 new acft due in the next 2 yrs; yep, they are really hurting)
Question: Can the AOA/49ers afford the statis quo? Answer: No (In my opinion)

Each new joiner equals HKG$15360 per year to the union in fees, let alone support for the further action ND & JF are proposing. (SCMP article)

235 new joiners x 15360 = HKG$3,609,300 per year (thats half a million US$ per year)*

(*Figures based on current recruitment until end of 2003, assuming ban still in effect and current 4% union fees.)

Its a mystery.
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