While I am suprised that we have been given anything, what makes this such a slap-in-the-face is the nearly HK$3.3 billion dollars that has been lost this year due to poor fuel hedging and cargo fines, with the staff suffering for management incompetence and oversight failures. Interestingly, the hedging loss/fines amount to approximately 10 times the CX monthly wage bill, excluding KA etc.
With more cargo fines to come in the future it is disappointing that CX has done nothing to prove to its staff that it is serious in corporate governance and compliance issues. At least other airlines made a token effort by sending a few 'sacrificial lambs' to jail as a result of their injustices in the cargo arena.
Sadly, if management thought this would appease staff I think they have misread the current state of morale.