Late to the party.
Flex88: "...the list could go on, please add."
Try this:
- Introducing PEY and then removing some/all on 330. Having seen the "business case" (aka sycophants homework) for both...identical with the desired outcome being the only difference.
- Re-pitching PEY on 330/777 due customer complaints.
- Introducing new regional JCL... and then removing half of it on 777 because they weren't being filled.
- Re-using long haul EY seats to the regional fleet: seats already well past their sell by date.
CEO on fuel hedging
"We deliberately never hedge 100% of our fuel requirements so we benefit from lower oil prices on the share of our fuel requirements that have remained unhedged"
No s$&t Sherlock. This is like saying "We never bungy-jump without a piece of elastic tied to our ankles". No-one hedges 100% dummy.
The statement is an insult to the intelligence of staff and shareholders alike. Time to put some clothes on Emporer and admit the level of hedging was the single most catastrophic decision in the history of Cathay Pacific Airways.
The CEO of this once proud airline has no place at the top table other than setting out the pencils and notebooks for the sycophants around him.