Just been given an interesting piece of information.
When the 2015 contract was forced upon the pilots there was no stabilising of the Kina to the AUD .
Back in 2015 the exchange rate was .4778, it is now .3998
This equates to a further 16% pay reduction on top of the 25% reduction that the contract gave.
So now with a 41% pay reduction and no stabilisation of the Kina or any pay increase in the new contract pilots will be tripping over each other to try and get a job with thus mob, especially knowing that after 2 years you can cash in up to 15 days accrued sick leave at 50% of daily salary and then pay 40% tax on that payment!
Oh Lagona, you've done it again!