PPRuNe Forums - View Single Post - HK$ 4.8 Billion profit resulting from Time to Win strategy
Old 14th Mar 2018, 04:55
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Trafalgar
 
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A further thought. When you hear the inevitable 'blame' from RH later in the day that will strongly focus on the pilots, remember this: most other major airlines around the world are raking in record profits, and that with much higher cost structures than ours. This airline has been crippled by incompetent management. That is all you need to know, and sadly, the lunatics are still in charge of the asylum. On average, our "per pilot" cost is lower than nearly all the major airlines. In fact, the average cost of a pilot is now less than half what it was 25 years ago in inflation adjusted terms. CX management have destroyed this airline through incompetence, arrogance and willful disregard for all the efficiencies staring them in the face (basings, proper implementation of CMP, etc). They have now pushed this airline to the point that it probably can't be recovered. The pilots are leaving to salvage careers at carriers that have a modicum of sane management, and proper working conditions. The competition in HK smell blood and will turn the screws. The Govt and people of HK no longer respect or care about CX. On every level CX is wounded and dying. Don't let you or your families die with it. There is no happy ending here.
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