Anyone who thinks that the bottom has been reached is deluding themselves. Flexicrew is here to stay, and the iterations of the contract that follow will be considerably worse than what is currently on offer. I predict that it won't be long before we see medium jet captains in the UK being paid £40k p.a. with no benefits, pension etc
Possibly more than £40k, but I agree with the principle. Who would have forecast what has happened over the last decade, or was that Airbus' argument all along.