Agree with you 100% Curved'.
The REXPC/AFAP position is to maintain the status quo (CPI + 2%) It's not perfect, but given the regressions of the past, it's probably the best option for moving forward, albeit over the next 10 years or so. The problem is, the company doesn't have 10 years in which to compete for a limited number of experienced pilots! The way things are going, they'll be lucky to have 6 months! Add to this their almost pathalogical desire to keep a lid on any sort of increase in pilots real incomes, and the age old tradition of stonewalling WRT EBA negotiations, is it any wonder that most pilots look upon the whole process with a certain amount of scepticsm.
Frankly, I can't see the Leopard changing it's spots. So what we'll all probably see is just more of the same. Unless of course management come forward with a real, progressive, and mutually beneficial plan for the future!