The "Demise" in the title of this thread seems more illusionary than real
You need more than pilots to run an airline, unfortunately, you also need passengers, which is something HKA do not have a lot of, except for the odd charter here and there, their loads are
Drivers I have spoken to at HKE not a whole lot more impressed than same at HKA, although
at the moment the flight ops management at HKE is better ( they actually know what they are doing ), how long they will last is another matter.
As yet, HKE have not done something blatantly racist like sacking 14 western F/Os and then continuing to hire F/Os from Indo, Singapore, local etc.
Although at a time when they were supposedly short of F/Os, they did stand up and say they would not hire any of the 14, I'm guessing this little directive came from above.