PPRuNe Forums - View Single Post - Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat
Old 24th Oct 2020, 00:03
  #117 (permalink)  
controlledrest
 
Join Date: Mar 2015
Location: HKG
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Originally Posted by bacou
No that's not true,

we got our contractual 3/6 months salary payments and a Goodwill bonus reduced by the amount of the Statutory Severance Payment
For me it's around 15 months of COS 18 basic salary if I was offered to sign and 8 months of my October basic salary.
Not as good as Singapore airlines but they said it's the best they can do.
I suspect you have done very well. Once the remainder of us are on POS18 they will work out how many airframes will be flying and how many pilots they need. Then the real cull will start, hundreds sacked, no LIFO, minimum payout, make your own way home.
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