I don't know if this has been said already (well, 5 pages is a lot to read!) but, management ought to take a look at what Gulf Air did to stop the exodus... pay rises of 50-70% or so...
Unfortunately, things at Cathay are not yet as dire, but... with NR mentioning that oil prices might make Cathay have difficulty "sustaining profitability in 2008," (yeah, right!), there are most certainly interesting times ahead for Cathay's pilots AND management!
