So based on the brief, a level 1 (year 1?) FO goes from the current EBA of $84,254 + Guaranteed 500hrs @ $40.42 = $104,464 Base
To $94,250 base for 660hrs!
If around 75 hours a month is correct, or 900hrs a year, the current EBA would be $120,632.
The new $111,050.
As a new pilot you wouldn't get the retention bonus, which goes from every 3 years to yearly for the same amount.
So in the end if we pro-rata the current 3 yearly bonus to yearly.
For a pilot joining after the new EBA..
Current EBA $127,299.
New EBA $111,050.
Surely not!?!