profit share management
Join Date: Sep 2005
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No April Fools Check out the CX website, it's published every year... PC actually get more money in total this yr than 2004 9.292M vs 9.186M.... sick, isn't it?
http://www.cathaypacific.com/cx/intr...ual_report.pdf
Edit: oh it's on pg.76 btw
http://www.cathaypacific.com/cx/intr...ual_report.pdf
Edit: oh it's on pg.76 btw
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"Bonus is related to services for 2004 but paid and charged to the Company in 2005."
On another note, I am curious as to why our maintenance costs went up $743m (about 20% compared to previous) or about an extra USD260,000 a day, every day. Did we really bust them that much? Yes the fleet did expand by 8 aircraft spread throughout the year, but 5 of those a/c were straight off the showroom floor. Ohh look at that, HAECO's turnover went up $987m, with an increase in profit of $289m. Well done HAECO
On another note, I am curious as to why our maintenance costs went up $743m (about 20% compared to previous) or about an extra USD260,000 a day, every day. Did we really bust them that much? Yes the fleet did expand by 8 aircraft spread throughout the year, but 5 of those a/c were straight off the showroom floor. Ohh look at that, HAECO's turnover went up $987m, with an increase in profit of $289m. Well done HAECO
Last edited by jtr; 4th Apr 2006 at 02:18.
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spanners you would probably be best placed to answer, but isn't that fundamentally a chop, strenghten, gut, install, and D-check? Not trying to sound flippant about the work that is done, but there was only one in the last FY. I really can't see where the money has gone. Like I said US$260,000 a day EXTRA, every day, is a lot of $ (USD180 a minute EXTRA in case you were wondering)
jtr
Probably includes HKD/E/F refurbs....if that&s what you call a paint job and recycling some old dunnies and galleys!
No point in capitalising the cost as unlikely to get the depreciation on old airframes.
Probably includes HKD/E/F refurbs....if that&s what you call a paint job and recycling some old dunnies and galleys!
No point in capitalising the cost as unlikely to get the depreciation on old airframes.
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but isn't that fundamentally a chop, strenghten, gut, install, and D-check
I'm sure there are reaons behind it, I'll see if I can find out.
You would be surprised at what is deemed as 'Engineering' for the purpose of who's cost it is. Cleaning, that's engineering! de-icing that's engineering, there are more but I won't bore you with them. Like I say, I'll see if I can find out.