Taken from the Fragrant Harbour forum, a brief summary:
http://www.pprune.org/fragrant-harbo...0-numbers.html
Thanks to
Capt. Underpants,
SMOC and
yokebearer:
CX made USD1.8 billion profit and pays staff 6 weeks bonus...
EK made USD1.6 billion profit and pays staff 12 weeks bonus.
I think what should be taken on board here is that SAA has a very strong union. And as a result they have managed to keep their contract conditions and pay at good levels. As opposed to CX...
SIA
Just over S1bn or 800 mill US profit (less than 1/2 of CX).
Profit Share
Mainline 3.5 months
Freight 2.4 months
And yet still CX opt for cheaper means to pay their pilots, and so many are blindly lining up to accept it in the face of this greedy and unscrupulous management. So do you still think CX are offering an "opportunity" as per the iCadet scheme or a grab for money to line their own (management) pockets at your expense throughout your
entire tenure at CX?
How much more evidence do so many of you need??