Originally Posted by Sam Ting Wong;[url=tel:11467000
11467000[/url]]I share and understand the anger about the demise of T&C for staff,obviously.
What I don't get is the conclusion "low pay= downfall/implosion of the airline".
I would argue it's the opposite. Bad for us, but very good for them. Cathay will be highly profitable not the least because of the cost cutting.Rather than an implosion of the airline we saw an implosion of our T&C. Big difference. I think we will see an explosion of bonusses and the share price.
There is no global pilot shortage either, but a regional one in US and Australia. No shortage in SA, Europe and Asia. And I doubt a shortage of cadets is even technically possible, considering the profile of applicants and associated alternative job perspectives.
Europe seems pretty short too, salary going up and everyone seems to be hiring.