Company confidentiality rules prevent me reposting the article that appeared today on the company website telling us that we "needed a Reality Check".
I am happy that many well informed colleagues have pointed out the fact that a fleet of 90 737's, flying full on most sectors, with fares that, whilst competitive , certainly are not Ryanair level, do not suddenly overnight turn a profit into a loss, with no discernable change in terms & conditions for the employees involved that can be blamed.
The alternative theory (backed up by listings of "transactions" between NAS group companies) that the long-haul offshoot NAI is bleeding us dry, is probably too close to a "Reality Check" for those suggesting the employees need one.