Originally Posted by
Natca
Not if you understood the unbalanced seniority list here. A layoff here essentially means they throw in the towel.
No matter what type of seniority, fact is if as CEO said 25000 gave in on average HKD20000 which is HKD500mil.
How long do you think this will last in a company the size of CX KA flying 40% of their schedules with unknown and severely degraded load factor, and what is the company’s reserve?