View Full Version : Freighters to Air China?
AADriver
19th Oct 2009, 06:37
Cathay-Air China deal closer PDF Print E-mail
Monday, 19 October 2009
Negotiations between Cathay Pacific Airways Limited, Dragonair and Air China Limited for the establishment of a joint venture are closer to completion.
The venture will be set up on the platform of Air China Cargo, which has become a wholly owned subsidiary of Air China after the latter acquired the Air China Cargo shares held by CITIC Pacific Limited and Beijing Capital International Airport.
Air China wants Cathay Pacific Airways to place its freighter assets in Air China Cargo and take a 49 per cent stake of the larger entity.
The 400 fleet is about a 50/50 split between the PAX 23 (-2 parked) & FRTs 25 (-5 parked), there are approximately 190 PAX Captains and 180 out of seniority FRT Captains, so it appears if CX choose to offload their freighters to Air China they could offer a take it or leave it deal to the 180 out of seniority freighter Captains.
That way the new offshoot has a solid Command base where CX/CA can introduce cheap F/Os and future Captains as the 180 gain the seniority to come back to the CX PAX fold.
The Management could you "explain" how CX is going to pull this off? :E
Sqwak7700
19th Oct 2009, 15:53
...as the 180 gain the seniority to come back to the CX PAX fold...
If they are allowed back. Once under China rules... all rules are out the window. They have to ask permission from the government to retire.:rolleyes:
Now it makes sense why we got freighter upgrades in seniority order, because we will no longer operate freighters at Cathay... :ugh:
Fly747
22nd Oct 2009, 07:48
This all links in with the 380 rumour, the drafting of junior 744 pax captains to the Airbus, the slow demise of the 747 and its replacement by the new triples on the Pacific. It will be interesting to see how many freighters will be sent to the Air China joint venture. The junior KA DECs argued that they brought the aircraft and their commands with them, so if the aircraft go?
goingdown
22nd Oct 2009, 10:20
think they'll go with them or else....
jetset
22nd Oct 2009, 12:30
2 + 2 = ?
1,000,000,000 :)
Capt Vertigo
22nd Oct 2009, 14:20
Oh yes.. don't forget some might go to Air Hong Kong! ;)
sizematters
26th Oct 2009, 17:48
Ok guys I admit it, I killed JFK !!!
Duo ready for China’s biggest cargo partnership
China’s Air China and Cathay Pacific Airways will set up China's biggest cargo joint venture in Shanghai next year. Air China will hold 51 per cent in the venture and Cathay Pacific will take the balance. The two carriers will provide the venture with 10 Boeing 747-400 jets.
Aircargo Asia Pacific (http://www.impactpub.com.au/aircargo/index.php?option=com_frontpage&Itemid=1)
freightdog188
30th Oct 2009, 05:09
from Air China Cargo website:
International Cargo Transport Ltd. of China has a fleet of 4 Boeing 747-200 freighters, 8 Boeing 747-400 passenger-cargo mixed aircrafts, and 60 aircraft that have enough capacity for cargo transportation such as the Boeing 747, 767 and Airbus 340.
So all of theirs are combi versions ... mixed pax/cargo.
I can't see these going to Shanghai...
quadspeed
30th Oct 2009, 05:48
So all 10 will be coming from Cathay; with a good 200 crew or so.
Is Shanghai within the rent-free zone? ;)
sisyphos
30th Oct 2009, 08:08
Why should they crew these A/C 's with expensive Gweilos? This well could be the start of an outsourcing process involving reduced expats..
quadspeed
30th Oct 2009, 08:32
Of course they won't.
They just fire the bottom 200 and post 200 vacancies in shanghai on a crap package. It just so happens that the bottom 200 is the 200 guys they need.
Oh, they are good. You must give them that.
CokeZero
1st Nov 2009, 03:19
Do you really think CX will crew the JV? I see Riskworth are already looking for pilots on it's website. Interesting.
By the way - 13th month will be our SLS paid back.
Which rumour do you believe?
Capt Vertigo
1st Nov 2009, 04:07
This well could be the start of an outsourcing process involving reduced expats..
Guys getting concern and worried.. :oh: Life will still go on.
That could the logistics of bonus and no more SLS! :rolleyes:
Happy flying!
Nullaman
4th Nov 2009, 16:29
Presumably as CX has many disfunctional 744 DECs, the 12k will only be applicable
What, exactly, are you inferring by that statement Krone?