The Cadet program is a politically fueled system that greases some pamls somewhere along the buracratic chain. If CX wanted an all cadet airlne they could have done it a long time ago. The accountants might want that, but there are barriers to achieving that, otherwise it would have happened already.
The above might be true for the current CX cadet scheme, but I've got this feeling that the management might want to shift their cadet scheme closer to the SQ or CI model (look at the new HKID requirements that was announced by NR a few weeks back). For SQ and CI, they train about 200 to 300 cadets a year through multiple flying schools. These guys jump keep pumping pilots out like crazy, albert I have no idea about the quality of their cadet graduates, but SQ and CI cadet scheme allows them to hire majority of their pilot via the cadet and minimal amount of pilot hires each year as expat.
bus