Emotionally, the reduction in pay is relevant. But after the adjustment pain comes inevitably a more sober and useful comparison. I don't believe a company is even able to act against moral codes, there is a legal framework and that is that. A company has no soul, it is an artificial construct in order to generate maximum profit. I find the entire discussion futile, of course the company will use every chance they have to get us cheaper. To expect anything else is to me highly naive. The only reason a company might want to appear as being "moral" is to achieve again more profit.
Anyway, for me, the achievable benchmark pay in whatever country you desire to live is in the end the most relevant factor. It just will take time for us to digest the new normal is my prediction. All the venting in the crew bus, all the angry outbursts in here, in the end it is down to what you can afford. Let's be honest here, a many senior pilots could simply afford to retire. Many others will not have that luxury.
I think Weary Traveller got it right, eventually a shortage would have to appear at LCA rather than Cathay.
PS All the best, Frank. Hope you find a good alternative.
Last edited by Sam Ting Wong; 21st Jun 2022 at 09:28.