So how does Anna expect pilots to live in HK without housing allowance ?
If Cathay had used their brains 30 years ago and bought apartments instead of renting them, they would have benefited from the capital gain, and the housing allowance would have come back to them as well.
It's not rocket science it's just good economics, but as the fuel debacle has demonstrated they seem incapable of making sensible decisions.
Apartments that cost HK$ 12 million in 1997 are now selling for close to $100 million . By now CX would have a massive property portfolio , another opportunity lost
I wonder how much Anna's rental will be cut .? Oh how stupid to even consider that she would be made to suffer any kind of cuts
Well this should make it a lot easier for people to make the decision to leave
Last edited by oriental flyer; 30th Sep 2017 at 19:38.