Got to love the new mitigation measure for purely comical purposes. A solution that costs them more than solving the original problem.
Any upgraded KA captain or newly hired KA pilot will be on a superior package than what the AOA was originally asking for.
Greater salary package.
EFP at 75 hours and HDP commencing at sign on.
A better, negotiated rostering practice (that ironically was won after years of contract compliance).
25 year mortgage.
Ability to re-mortgage.
10 weeks annual leave.
Guaranteed 13th month.
RA65 without having to sign any benefits away.
Child university education.
Trial work share arrangement.
And for many, a travel fund.
The Cathay pilot attrition rate in 2016 is nearly 50 percent higher than in 2015. Hard to imagine that this is a useful tactic to stop the bleeding.
Once again CX management show its nothing to do with money. It's all about loss of face and retention of a perceived power.
On another angle, it'd be interesting to know if the fuel hedging contract applied to the entire group or just Cathay Pacific.
Last edited by Progress Wanchai; 11th Aug 2016 at 10:52.