“Similarly, while the airline has been firmly losing money since 2016, it recorded a smaller-than-expected loss of HK$1.25 billion loss last year and notched up a profit in the second half of 2017....“on track” to achieve profitability targets by the end of 2019.
The silver lining in the company’s earnings could mean pilots were less likely to accept financial restraint.
They already cut 9% from my salary last year, something they didn’t do with their pilots at Dragon Air, nor the flight attendants at both airlines. This was on top of the multiple cuts I was forced to accept over the past 25 years. No more. I will not be signing any agreement that includes another cut to my salary or benefits.