PPRuNe Forums - View Single Post - Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat
Old 22nd Oct 2020, 12:28
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Oasis
 
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Originally Posted by Globocnik
They’re not cheaper on 80%\50% pay for doing sweet fanny adams.
Have you had a look at cos 18. ? Carefully ?
Disclaimer: have not compared all Bases all ranks and a bit back of the envelope, but as I understand the numbers, if no-one is flying, London Captain base is a bit cheaper (about 10.000 pounds a year) to cx paying 80 rate of furlough, and at 85 hours flying London is a lot cheaper (by about 58000 pounds per year, the price of a second officer)
This looking at more than 4 year captain, no 13th month, no matching pension in hong kong, no profit share, london hdp.
So yes, it is cheaper now and it will be a lot cheaper again later, when flying picks up, in my humble estimation.

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