Thanks pokey. So if they had consecutive numbers on the global list, they will still be side by side once Pete upgrades, and they will both have the same bidding power as captains right?

Are there any airlines that do NOT do this? I know at Cathay, once you upgrade, you go back to 1st yr Captain pay. Would this mean that if you delayed your upgrade, you would be back to crap schedules as the most junior captain?