Winds Of Change.
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Hot Dog, CX is no longer British majority owned. A quickcheck will show that the Swire Group no longer control (openly at least) the mojority of CX shares. Other companies (mainly Chinese) comprise approx. 51% of stock.
Raitfaiter
You don't have to have 51% to be in control. Just look at the shareholding of Swire Pacific. A shares and B shares mean that one can have less than 50% of the equity but more than 50% of the voting shares.
You don't have to have 51% to be in control. Just look at the shareholding of Swire Pacific. A shares and B shares mean that one can have less than 50% of the equity but more than 50% of the voting shares.
As at 31 Dec 2001
Interests of 10% or greater of issued shares:
1 John Swire & Sons - 45.85%
2 CITIC - 25.8%
Remainder held by interests of less than 10% (Joe Public?) - 28.35%
Interests of 10% or greater of issued shares:
1 John Swire & Sons - 45.85%
2 CITIC - 25.8%
Remainder held by interests of less than 10% (Joe Public?) - 28.35%
Join Date: Jun 2001
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Kaptin M is an '89er whose decision good or bad 13 years ago has left him a bitter and sad fellow..his posts reek of low self-esteem and bitterness....
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Hey Waco, it's the rate of accidents, not the number. Check your facts. Having said that Air China has done remarkably well, can't say that for the rest of the Chinese airline industry though.
Moderate, Modest & Mild.
"we are the custodians of the new Cathay pacific whether you like it or not."
Straight out of ("Prime Minister's"
) Bob Dawk's ("Yes, Rupert and E.H. P. "Peter" , I'll suck your @0(k" ) letter to the Aussie pilots in 1989, TSI.
Only 22% of them swallowed that line of cr@p then, and if CX are willing to make a few Second officers "custodians" of their New One World Airline, then they DESERVE to go the same way as the "custodians" took them!
Into OBLIVION - FOREVER!
My humble suggestion to the new rercruits who have found themselves in the invidious position - into which you have placed yourselves - is to TRY to UNDERSTAND the path chosen by pilots who have FAR, FAR more experience with CX, with Hong Kong, with THIS airline management - and generally in this field of aviation - than you have yet to acquire.
That is not to say (that) you don't have something worthwile to offer - but as with ALL aviators, place your TRUST in those who have trodden the path before you.
Find common ground - as we so often do EVERYWHERE in the world, wherever we meet. {By Geez that gets up "their" noses!!}
Aviation is NOT the domain of the "Loner pilot" - we owe our longevity to the common sharing of "traps and illusions" that have cost many their lives in earlier days.
The "Press on regardless" is an anthema to all PROFESSIONAL pilots, but is often quoted as a "commitment to meeting schedules, and the company's obligations" by those who don't bear the full brunt of responsibility WHEN the SHTF.......splat!!
Go forward TOGETHER.
As with any relationship, "Sorry" always seems to be the hardest word (to say)!! (Phil Collins)
Straight out of ("Prime Minister's"
) Bob Dawk's ("Yes, Rupert and E.H. P. "Peter" , I'll suck your @0(k" ) letter to the Aussie pilots in 1989, TSI. Only 22% of them swallowed that line of cr@p then, and if CX are willing to make a few Second officers "custodians" of their New One World Airline, then they DESERVE to go the same way as the "custodians" took them!
Into OBLIVION - FOREVER!
My humble suggestion to the new rercruits who have found themselves in the invidious position - into which you have placed yourselves - is to TRY to UNDERSTAND the path chosen by pilots who have FAR, FAR more experience with CX, with Hong Kong, with THIS airline management - and generally in this field of aviation - than you have yet to acquire.
That is not to say (that) you don't have something worthwile to offer - but as with ALL aviators, place your TRUST in those who have trodden the path before you.
Find common ground - as we so often do EVERYWHERE in the world, wherever we meet. {By Geez that gets up "their" noses!!}
Aviation is NOT the domain of the "Loner pilot" - we owe our longevity to the common sharing of "traps and illusions" that have cost many their lives in earlier days.
The "Press on regardless" is an anthema to all PROFESSIONAL pilots, but is often quoted as a "commitment to meeting schedules, and the company's obligations" by those who don't bear the full brunt of responsibility WHEN the SHTF.......splat!!
Go forward TOGETHER.
As with any relationship, "Sorry" always seems to be the hardest word (to say)!! (Phil Collins)
Last edited by Kaptin M; 1st Jun 2002 at 15:40.
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Just a piece of info for those of you on the outside trying to figure out who is who. "honkers" is a term of endearment generally used by people who have lived there for quite some time
Thread Starter
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Hot Dog says: " Just to set matters straight, CX is still a British owned and operated company..."
OK, but B = China. Isn't that the prefix on all CX airplane registrations? Definitely less British than VR, eh? Get the drift?
OK, but B = China. Isn't that the prefix on all CX airplane registrations? Definitely less British than VR, eh? Get the drift?
Last edited by GlueBall; 1st Jun 2002 at 21:18.
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If Swire's control over CX were indeed so strong, they would probably still be flying the Union Jack. Despite the separate VR registration for HK prior to 1997, the CX fleet did not display the HK flag but the Union Jack. Now there's no flag at all.
The Reverend
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So what? The flags started disappearing even before the handover. There is no requirement to display a flag of any sort, only the registration marks are mandatory.
The Reverend
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Yes, the flag was part of the livery at the time. The livery has been changed like the cabin crew uniforms. Normal procedure. Not every event in this world has deeper and sinister roots that your fertile imagination seems to dig up all the time.
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Actually, HD, the flag started to come off even before the livery changed, so it was hardly an integral part of the then-design. In fact, the Swire Group logo was larger in size than the Union Jack.
And just in case you doubt my "fertile mind", please check out the various shots of Tristars and 747-200s at this site
and you will see how the Union Jack disappeared on the older livery as 1997 came closer.
It was, if you were around at the time, a significant topic in Hong Kong then.
And just in case you doubt my "fertile mind", please check out the various shots of Tristars and 747-200s at this site
and you will see how the Union Jack disappeared on the older livery as 1997 came closer.
It was, if you were around at the time, a significant topic in Hong Kong then.
Last edited by Alpha Leader; 3rd Jun 2002 at 11:29.
Alf Alpha
I can assure you that HD knows better than most when the Union Jacks started coming off the tails.
From recall it started in the late 70's when the first leased L1011's from Eastern started operating with US regos.
I am not sure what your point is. It certainly wasn't a 'significant' topic as you suggest. More like idle chit chat over the froth in the aeroclub.
Maybe the boys in HAECO needed all the red, white and blue paint to make the Swire 'Penant of Poverty' bigger! OR perhaps someone upstairs thought it was better to take the Swastika of the bonnet of the Mercedes if you park in Tel Aviv OR maybe it just happened by mistake once and the beanies said let's save the paint.
Who really knows and more importantly, who really gives a rat's posterior.
I can assure you that HD knows better than most when the Union Jacks started coming off the tails.
From recall it started in the late 70's when the first leased L1011's from Eastern started operating with US regos.
I am not sure what your point is. It certainly wasn't a 'significant' topic as you suggest. More like idle chit chat over the froth in the aeroclub.
Maybe the boys in HAECO needed all the red, white and blue paint to make the Swire 'Penant of Poverty' bigger! OR perhaps someone upstairs thought it was better to take the Swastika of the bonnet of the Mercedes if you park in Tel Aviv OR maybe it just happened by mistake once and the beanies said let's save the paint.
Who really knows and more importantly, who really gives a rat's posterior.
Last edited by VR-HFX; 3rd Jun 2002 at 14:42.
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HFX:
We're just trying to keep the facts straight here, that's all.
And you've just corroborated that the Union Jack was not an integral part of the pre-brushstroke livery. Thanks.
We're just trying to keep the facts straight here, that's all.
And you've just corroborated that the Union Jack was not an integral part of the pre-brushstroke livery. Thanks.
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Jeez Alf you really need to think you are right all the time. I would go and lie down for a while it might make you feel better. Then why don't you start on about why, and when, China Airlines changed their livery! It's about as relevant to the topic as all the other stuff you rant on about.
Sure your other name isn't 411A?
Sure your other name isn't 411A?