A factory employee works a 40 hour week for $9 per hour... he makes $360 per week.
If he works a 50 hour week for $8/hr, he makes $400 per week. This is still a pay cut because he is getting paid less for his time.
If he works 50 hours at his original $9 per hour, he makes $450 per week. This is not a pay raise nor a pay cut. He is working more hours for the same pay.
So here is the question for you Avantair pilots: is your hourly or daily average pay going up, down, or staying the same as a result of this change?