HKAOA totally blind sided by this new COS18. They were never even informed of it's publication. So what the **** do they do at the meetings they insist on attending with the company ? A very quick crunch of the numbers shows the FO salary to be "on a par" with most middle east operators BUT these carriers have tax free regimes and free housing and schooling. This new COS18 does not. So take away the real cost of living as a family in Hong Kong and your are 30-40% behind. Simple maths. The actual contract also permit DEC's should the market dictate.
KA union given a heads up last week.