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Old 3rd Apr 2018, 09:28
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Freehills
 
Join Date: Apr 2002
Location: HK
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2017 Annual report - lol

So - Cathay have stopped showing how much directors are paid, unless they are on the board. So no more being able to see AT or TO housing! To be fair, it is only a 'recommendation' from HK listing rule to disclose their pay, vs legally you have to for the board directors

Both RH and the finance director do seem to have taken no bonuses, so an overall significant pay cut of 20-30%.

Other highlights -

CX reimbursed Swire 169m HKD for the benefit of their management expertise

As far as I can tell, pilot attrition was c6% (across CX/KA)

(36 more pilots to total of 3,930, recruited 200, and 72 cadets, so that means 240 or so must have left)

Last edited by Freehills; 3rd Apr 2018 at 10:22. Reason: edited because I can't do maths - 6% attrition, not 7
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