Some mental math, assuming there is no increase at all, is that the company has saved on salary alone an absolute minimum of HKD750m over the next 3 years. NumberCrunchero can probably give more accurate figures, but that is an absolute minimum. The real figure is probably closer to HKD1Billion. They saw the pilot body coming and chewed it and spat it out - Good luck with housing, LPA, Roster practices et al - as all these items have now become missed opportunities. Housing and LPA would have amassed much more gain than the 4/3/3. ContractCompliance will have a null effect as the roster can still be played by the company as has been seen in the latest published roster. This outcome and stretching out of small negotiations on salaries and we have missed the big boat with other issues. In a few years we will look back and realize how stupid we have been having accepted an overall further lowering of our conditions. Why vote for a GC when you need to still go vote on a vote about a vote , is beyond me.