Loadfactor dropped by 0.1%, being less than 85% and I am sure we are also running double digits behind some wishful thinking key targets......
Why do I smell bull**** and think somebody is inventing a crisis:
- To distract what has to be the biggest most monumental misjudgment in the history of this company - an HK$ 8.4 ish BILLION mistake that might even bring it to its knees.
- To excuse and legitimize the cost cutting the sadly might actually need to happen to recoup the squandered money.
- Help the negotiations with the pilots along. After all the company has said in the papers and on TV that times are hard, so it must be true.
Perhaps slightly populist, but 8.4 billion in one year is such a huge number one has to bring it into context....
HK$ 23 Mil per day, HK$ 960.000 per hour, HK$ 16.000 per minute (extra housing allowance anybody), HK$ 266 per second
... tick tick tick ..... and the man has the audacity to stand in front of a camera and sell it as a success.
..... They would complain if the loadfactor was 200%, the jets could run on CCD statements (or some other form of manure) and it was raining money .... no credibility or integrity ...