Originally Posted by
bafanguy
Douglass was addressing grander issues than the travails of airline pilots but the principle is exactly the same: if you'll agree to take a beating, all you can reasonably expect is further beatings. And you'll surely get them.
Some call it "race to the bottom".
For all new joiners (who are most welcome and desperately needed by the way
) a little extract from our 2015-2018 Collective Work Agreement:
1.3.
The Parties recognize that the Company is operating in a cyclical and seasonal industry and that its results have recently been affected by an increasing difficult competitive environment as well as decreasing yields. Additionally, during the CWA period, the Company will face significant financial obligations related to committed investments necessary for the future development of the Company (such as the acquisition of new aircraft).
If circumstances should warrant, the Parties agree to negotiate in good faith in view of adapting the CWA provisions to the change in circumstances. Any such review could include the working conditions and remuneration package foreseen hereafter.
May be you are also interested to know that CLX has some massive financial obligations (not only) regarding CV China coming up.
How about a scenario where Cargolux cannot pay in cash, but will transfer some aircraft to CV China?
The implication would be redundancies in LUX who will get laid off in a social plan, however will be offered a job in China next day.
Conditions "slightly" worse
