Rick.Shaw
Expectation management has nothing to do with it. It seems like the HKAOA GC is happy to continue lowering the bar for us as they still seem to be paralyzed from the 49er events instead of listening to their members.
As for the housing agreement it is already expired and the company technically can do as they want, or what they think they can get away with.
I believe this year is the turning point. If the HKAOA, or better the GC and negotiating teams, are not able to stand their ground and improve our conditions things will just get worse for the coming years. Maybe they should ask the FAU for some tips.
CX is making a lot of money at the moment, however it could be way more. Whoever is in charge of yield management has no clue what they are doing. Who in their right mind is running flights at 100%+ load factors. It just shows that there is not enough capacity in the market and fares could be easily raised, running the airline at lower load factors in return improving operations and generating higher yield and an overall better bottom line.
We are operating in a strong market environment and instead of increasing fares, hence increasing revenue, CX is still in the recession mode trying to reduce expenses at all cost.