Perhaps when discussing remuneration, it may be prudent to refer to the Pilots’ (General Aviation) Award 1984, as amended, found
here, for B727 salaries and allowances, and bear in mind that the salaries and class / qualification allowances cannot be negotiated downwards in any EBA negotiation.
Observe then the current pay structure at this operator, and bear in mind that claims can be retrospective.
The potential payouts here would give financial problems to any operator.
(not) dreamin'