I resent the term 'shareholder'. Firstly, other than the controlling interest in CX that both the Swires and Air China hold, the 'public' shareholding is small. Secondly, those 'public' shareholders have in general small holdings, and are fickle. We, the employees, dedicate our very careers, and our families futures to this airline. Yet our management seem to value the shareholders over the long term employees who REALLY invest in the airline (the substance of their lives). I am disgusted and appalled by that realisation. Our management should be ashamed. The REAL shareholders are the long term employees, who deserve respect, consideration and reward. To have been treated as we were with the annual bonus only hardened my heart towards our managers, who are not fit for purpose. My life, the dedication and the sacrifices I and my family have made for this company will not be trivialized. To continue to manifest such a thing will not end well. I take that very personally.