PPRuNe Forums - View Single Post - 13th month.....are we getting it?
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Old 22nd Oct 2008, 04:14
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Numero Crunchero
 
Join Date: Oct 2006
Location: Hong Kong
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I will be very surprised if we were/are not profitable in the 2nd half. I don't think it will be a huge profit, depends on the tidal wave financial crisis or tsunami or whatever the disaster word du jour is.
Back in the late 90s, the last time 13th month was not paid, we were not notified until early December I think. So if you are relying on 13th month for tax, have a contingency plan!
By the way, we were paid half of 13th month in 2003 after SARS - the same year when earlier we 'volunteered' our 3 weeks leave without pay. AIrbus and Classic CNs had to wait about 12-24months to actually take the leave as we were undermanned...so I wouldn't expect to see layoffs this time.

Its always darkest just before the dawn!
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