Originally Posted by
Fac6
Are you dreaming? An increase of basic pay to the equivalent threshold of 70 hours would be more salary than CoS 08.
Get off that kool aid kid :-)
It's not logical to increase the threshold to 70 hours and still pay the present basic pay in the current environment.
Cathay tries to expand and they don't seem to find enough candidates.
And the equivalent of 70 hrs as basic pay would only be a pay increase on first sight compared to the old contracts.
There is still no HDP, 84 hour overtime, 1.5/2.5/3.5 factoring anymore.
As long as people fly at least 70 hours (and with the expansion people people might do that for quite some time) it would be the same COS18 contract and pay at the end, which means it wouldn't cost Cathay a single cent more - even with maximum hours pilots would lose 25% of pay compared to the old contract.
Once Cathay reaches saturation with regard to pilot numbers, they can change the threshold number again, at their sole discretion, according to COS18.
Paying Basic Pay at the equivalent of 70 hours might just be a short term fix to attract more pilots.
As I wrote in the other post:
Mid/Long term I believe that Cathay will get rid of all expats anyways and that they will lower the salaries to something like China local pay once they reached the saturation point of pilots.
So much for the kool aid.