Etihad apparently has approached the group as a whole (KA and CX pilots) with a proposal. Basically, CX is too hard to defeat financially in terms of a takeover, but Etihad want to A) expand faster than EK, and B- take over an asian hub. Being that it would be politically and financially difficult to do this the traditional way, they have come up with a new way that meets all of their objectives. That is, offer all CX/KA pilots their current contract +40%, as well as the ability to be based in one of the ports that they fly to, or have plans to fly to. This offer has to be accepted by at least 95% of the pilots in order for the deal to consummate. The effect is that everyone gives 3 months notice simultaneously. This is not industrial action at all, just giving notice. Everyone can leave in good graces, and CX will not have a reason to be mad at any one pilot - just the managers who did not prevent said scenario. Therefore, for the 15% who are too scared to make management mad, there is no downside - only upside. No need to work on your G day either, as you will finally be compensated properly. The only downside is that you may have to fly multiple airplanes (787/777, etc...). Contract goes up by a minimum of CPI each year, in addition to the YOS raise.
This is just a rumor, so don't flame me. It makes perfect sense though.