Costs a lot to make non-POS18 redundant - have to pay out leave and then 6 months pay. In 6 months there will be enough flying to need most (not all) of the current pilots.
POS18 pilots cheap to make redundant with immediate cost savings. Most POS18 aircrew are SOs and JFOs. Not as useable as Relief FOs and Capts. If aircrew are make redundant it will be last on, first off.
CPA, Dragon, CX Express and Air HKG. 4 sets of staff and IT etc to run 4 operators. One set of staff and IT could do it all.
ARAPA would take months to unwind even if by force, so in the long term on the block but no quick cash flow fix. Announce a change of policy. ARAPA cuts in a years time (as per the policy) hoping to trigger resignations from non-POS18 pilots.
Company already paying for SIMs, acft and BTCs, so might as well continue with training as the extra cost is stuff all.
My punt: 20 - 30% pay cut for HKG aircrew for 4 - 5 months. Amalgamation of over lapping back office roles, so more Hello Kitty redundancies. Voluntary redundancy package.
Last edited by controlledrest; 13th May 2020 at 00:54.