Cathay is a business. When they make money they hide it everywhere in order not tot pay business tax on it. Offshore accounts, foreign currency accounts, etc.
But when they re losing money, then everything comes out, make it as bad as possible. Get all those write-offs happening, claim fuel prices are hitting them hard.
This is the only company which had kept it's pilot crew recruitment low waiting for this downturn. That's why we are so over worked, under paid and generally feed up with this company.
One or two things we can live with, but when these one or two things turn into 10-15 things that we are grumbling about, we start to moan louder.
If we are losing money and our loads are full, then common sense means we're not pricing our tickets correctly. Increase price!! We might lose 2-3% but the gain in price over these loses would make up for this.
Sure get rid of the inefficient fuel burns planes. But consult an engineer before parking planes. Don't park planes that are in excellent order, just because they are the oldest. Maybe you have some planes that need some serious work done on them that will cost millions?
But then again - this is Cathay. And they don't listen to anyone - because they invented flying. Hang on - maybe they listen to the Australian and Canadian authorities....... hmmm.
CZ