BOP
Joined: Nov 2007
Posts: 227
Likes: 0
From: Hong Kong
New BOP due to hit the streets before the end of the month.
From what I understand the most significant effects are on the 744. Basically a pitch of 3 months unpaid leave across the fleet, with 4 more aircraft parked before 1st June.
On the 77 fleet, 3x 772's will go in April-June to be parked at Victorville. This is partially balanced out by the arrival of the 3 new 773-ER's arriving from this weekend to start picking up the LAX services. LAX ex-744 crew to be converted over the summer much as expected (except for their unpaid leave).
My source was not paying attention to the 'Bus plan', except to deduce that the 744 are going to be majorly f
cked.
From what I understand the most significant effects are on the 744. Basically a pitch of 3 months unpaid leave across the fleet, with 4 more aircraft parked before 1st June.
On the 77 fleet, 3x 772's will go in April-June to be parked at Victorville. This is partially balanced out by the arrival of the 3 new 773-ER's arriving from this weekend to start picking up the LAX services. LAX ex-744 crew to be converted over the summer much as expected (except for their unpaid leave).
My source was not paying attention to the 'Bus plan', except to deduce that the 744 are going to be majorly f
cked.
Joined: Apr 2008
Posts: 65
Likes: 0
From: Earth
Unpaid leave cannot be forced, can it,as its then furlough or an enforced redundancy?
Voluntary unpaid leave is fine, im all for it as long as it aint me!
There are still several guys to get their DECs from the second rate sister airline, so dont go phasing out the 744 just yet, they might start squeeling, again.
I heard the O$am& Bad Landing passed, fu(kin unbelievable
.And is he in the AOA yet, haha dream on. Might need it though!
Now off I go for the sparrows f@rt on this loverly day.
Voluntary unpaid leave is fine, im all for it as long as it aint me!
There are still several guys to get their DECs from the second rate sister airline, so dont go phasing out the 744 just yet, they might start squeeling, again.
I heard the O$am& Bad Landing passed, fu(kin unbelievable
.And is he in the AOA yet, haha dream on. Might need it though!Now off I go for the sparrows f@rt on this loverly day.
Joined: Aug 2007
Posts: 254
Likes: 0
From: Hong Kong
Marvellous post Trevfly, up to your usual standards of lucidity and logic. Gee your other post was well received? Maybe a little more thought before posting might be the idea next time. Perhaps a little unpaid convalesence for you might in fact be a good idea eh?
Anyhow, back to the real world.
How is it that the HK Cargo Apron is full (yesterday I counted 5 of them here at once) of Fed Ex freighters still productively plying regional and global skies yet we, for whom HK is home base, are sending CX/KA freighters off to the desert? Something isn't right.
From todays Flight Global: Fedex has today exercised options for 15 Boeing 777Fs and has added options for another 15 aircraft.
Anyhow, back to the real world.
How is it that the HK Cargo Apron is full (yesterday I counted 5 of them here at once) of Fed Ex freighters still productively plying regional and global skies yet we, for whom HK is home base, are sending CX/KA freighters off to the desert? Something isn't right.
From todays Flight Global: Fedex has today exercised options for 15 Boeing 777Fs and has added options for another 15 aircraft.
Joined: Sep 2008
Posts: 9
Likes: 0
From: England
Unpaid Leave
Unpaid leave probably cannot be forced on employees. But what a company could do is ask employees to take unpaid leave with an undertaking to repay the lost salary at a future date - for example when the next profit is declared (which I'm sure for a company like CPA won't be too far in th future) - ahead of shareholders' dividend. So effectively it would actually not be unpaid leave but it would be like a loan by the employees to help the company in a difficult time - a win win for both parties.
Joined: Jul 2008
Posts: 187
Likes: 0
From: HKG
So effectively it would actually not be unpaid leave but it would be like a loan by the employees to help the company in a difficult time - a win win for both parties.
CX has excess pilots and is trying to reduce manhour costs. The difference to the bottom line is negligible but like any good business they must try and cut unnecessary costs - including paying too many people for too little work.
Joined: Oct 2007
Posts: 27
Likes: 0
From: Asia
I would have thought that CX would revisit the voluntary unpaid leave option again to see if there were any more potential takers before announcing mandatory unpaid leave.
I fully appreciate that all airlines are facing difficult times ahead but many, although not all, of the legacy carriers are facing reduced profits from the record highs of recent years, not losses.
There are several issues that will be raised if CX try to mandate unpaid leave. Firstly is the issue of leave not allocated to officers for the 2009 year. Secondly is that, as they continue to state, the majority of the loss are from unrealised hedging losses, NOT actual cash losses. Finally, and probably the greatest issue, is that the vast majority of the loss recorded for the last financial year will be that of fuel hedging losses and cargo fines. Both of these are items are far removed from the control of the majority of CX staff bar the few who were responsible for the decisions that led to these losses in the first place.
Staff will find it hard to accept unpaid leave and bail out the company without serious answers and public accountability by management for their stuff ups.
Of course it is their train set and they will do as they please.
I fully appreciate that all airlines are facing difficult times ahead but many, although not all, of the legacy carriers are facing reduced profits from the record highs of recent years, not losses.
There are several issues that will be raised if CX try to mandate unpaid leave. Firstly is the issue of leave not allocated to officers for the 2009 year. Secondly is that, as they continue to state, the majority of the loss are from unrealised hedging losses, NOT actual cash losses. Finally, and probably the greatest issue, is that the vast majority of the loss recorded for the last financial year will be that of fuel hedging losses and cargo fines. Both of these are items are far removed from the control of the majority of CX staff bar the few who were responsible for the decisions that led to these losses in the first place.
Staff will find it hard to accept unpaid leave and bail out the company without serious answers and public accountability by management for their stuff ups.
Of course it is their train set and they will do as they please.
Joined: Jun 1999
Posts: 453
Likes: 0
a le rhone
CX Cargo has a fleet of aircraft and carries cargo.
Fedex has a fleet of aircraft and a fleet of a million vans worldwide and carries small package freight, basically a mail delivery network.
Different beasts.
CX Cargo has a fleet of aircraft and carries cargo.
Fedex has a fleet of aircraft and a fleet of a million vans worldwide and carries small package freight, basically a mail delivery network.
Different beasts.
Joined: Dec 1999
Posts: 670
Likes: 0
From: Planet Earth
This is partially balanced out by the arrival of the 3 new 773-ER's arriving from this weekend to start picking up the LAX services.
Joined: Jul 2007
Posts: 517
Likes: 0
From: www
Lets try and keep all of this in perspective. Until either, a) senior managment take the first significant pay cut, both salary AND bonus, or b) aircraft orders are cancelled, I will not even listen to the talk of 'crisis' or any other inflamed rhetoric. CX has consistently used the ups and downs of the economy to extract maximum advantage against their own staff. When TT takes a meaningful and verifiable cut to his income, then perhaps he will have my attention. If they are not cancelling aircraft orders, particularly freighters, then what does that tell you...?
Joined: May 2000
Posts: 192
Likes: 17
From: By the sea
Last on, first off. As per the contract. Can't say I'll miss the captains with 1700 numbers to go to be in the running for a pax command. And no, I won't be bullied into taking unpaid leave, I'm working my arse off. 70 hours a month instead off the steady 84 I've done since I got here would be a pleasant change. And it won't send them broke either.
Joined: Nov 2004
Posts: 131
Likes: 0
From: USA
Last In, First out yes, but read the COS99. That is off the "redundancy" list and not the seniority list. Which, I am guessing, means the company compiles a list based on where they do and do not need pilots, with the least needed at the bottom (ie. all freighter only FOs). So you could be here 3 years on the -400 and get the boot while a newbie on the 777 gets to keep his job in YYZ and continue to feed his family.
This is my interpretation, if anybody knows for sure, please correct me if I am wrong.
Mayday (a CoS99 freighter only FO hired in 2006)
This is my interpretation, if anybody knows for sure, please correct me if I am wrong.
Mayday (a CoS99 freighter only FO hired in 2006)
Joined: Mar 2001
Posts: 677
Likes: 0
From: York International
Shipped Free
Why send freight by air when you can send it on a boat for free? Only if speed is absolutely essential.
Shipping rates hit zero as trade sinks - Telegraph
Shipping rates hit zero as trade sinks - Telegraph