So we should never have a pay rise in case the company makes a smaller profit next year?
This is exactly the issue.
The company continues to drive efficiencies to save costs - not to survive, but in order to increase profits and pay larger dividends.
Employees should not be fooled into thinking they should accept less in order to help keep the company afloat, protect difficult airport contracts etc... There is clearly significant enough profit margin being made to allow a deal to be driven on those contracts without it coming out of the employees' pockets.
don't believe the hype, believe the facts shown in black & white in the accounts.