I think you will find it will be the new joiners subsidising your salaries.
It's always been the case. Join on PP1 you are subsidising the guy on PP10 who's doing the same job as you for more money. Get a command on PP10 and you're subsidising the captain on PP24 who's doin ghte same job as you for more money. Until everybody works on a flat rate somebody will always be subsidising someone else. Why is this news to you?
@SR71 - Germanwings is owned by Lufthansa. BA are not buying bmi. IAG, an offshore holding entity based in Spain with no unions and no European Works Council, are buying bmi. BALPA are one step removed from those who make the decisions at IAG. I doubt the VC would be quite so effective if they were dealing with that kind of entity. For a bonus point, can you name
any IAG employee other than Willie Walsh without googling it?