The one who doesn't get it is you.
As long as people fly more than 70 hrs It's exactly the same pay package for the company.
This 70 hour BS is just pure marketing spin (to advertise with higher guaranteed pay) to attract more pilots in my opinion as they are short of people and pilots fly at least 70 hrs per months anyways on the passenger fleets.
With regards to the 747 - I doubt that they will use 70 hrs as a basis for a new threshold as they are 'overstaffed' and it wouldn't make sense anyways.
The target hours on the 747 are like 650 hours per year, wich is way less than the 70 hours per month.
My assumption is that CK was talking about that passengers fleets WRT the 70 hours.
I guess they will increase the threshold for the freighter to let's say around 55 hours.
On another note:
There is absolutely no way with COS18 to get even close to COS08.
Flying the maximum of 900 hrs per year is still 40% short of my old pay on COS08 (including housing).
And I am not hoping for improved conditions.
First of all I wrote it a few times already that I believe in the mid to long term Cathay will reduce the package to local Mainland China level.
And second of all I resigned quite some time ago.
Capice ?