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Fragrant Harbour A forum for the large number of pilots (expats and locals) based with the various airlines in Hong Kong. Air Traffic Controllers are also warmly welcomed into the forum.

Profit Share

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Old 27th Dec 2015, 14:51
  #21 (permalink)  
 
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I can understand the fuel hedging mistake. History of oil prices/demand etc.
How CX spins it is another story.

The "mistakes" that I can't forgive are all the Yes Men screwing up the staffing issue. Minimal expansion, slower upgrades, desperation hiring.

All in a boom time when the industry is growing and fuel is at a record low.


Thanks morons.
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Old 28th Dec 2015, 04:53
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Bloomberg says 2nd highest pax numbers recently.

So we are doing well or not?
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Old 29th Dec 2015, 05:52
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[QUOTE]Bloomberg says 2nd highest pax numbers recently.

So we are doing well or not?/QUOTE]


It will be spun as..."it's not as good as we could be doing if those pesky pilots weren't on CC and the French weren't being vindictive" 2000HKD profit share for YOU!!!
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Old 30th Dec 2015, 16:52
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Why are we even talking about this?..

The profit share formula is about profit INCREASE, from memory.

The only time we ever actually do well is when we do ****e one year (loss), then do exceptionally well the next year.

Last year we made a big profit, this year we will make a big profit. Makes no difference. When there is no INCREASE in profit substantially, we get 3/4 of f@ck all.

Enjoy your beers in the plaza. That will be about it.
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Old 31st Dec 2015, 07:38
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and if that is the case we need to demonstrate in a real way how unexpectable that is. I for one will be going unfit due frustration and stress. Screw them.
Air Profit is offline  
Old 1st Jan 2016, 03:19
  #26 (permalink)  
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or was it a percentage of the profit multiplied by the profit? I guess it would help if we were all on the same page. A little expectation management from our side.
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Old 1st Jan 2016, 04:31
  #27 (permalink)  
 
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With the 'formula' calculation, the record highest profit ever, the bonus came to $2000, so please don't hold your breath for more... And is it contractual? Could they argue in CC, it is not in your contract, therefore pilots aren't entitled to bonus? Food for thought.
Lowkoon is offline  
Old 1st Jan 2016, 12:57
  #28 (permalink)  
 
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Dont worry about profit share
We will never ever get it
Be more worried about your Cx cohorts accepting another substandard payrise like last time when the next negotiations take place
Here are some facts
Read them and take note

http://www.bloomberg.com/news/articles/2015-12-31/delta-s-pilots-seek-big-payday-as-airline-s-earnings-surge

Oh and add to that other airlines double digit payraises not mentioned in the article like fedex , was it 10% ?
Cx pilots group = biggest bunch of muppets since the muppets !
Dont blame the trainers thou!
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Old 1st Jan 2016, 21:12
  #29 (permalink)  
 
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And you think you understand the basics with the above rubbish that you posted?

So typical of what is wrong with the pilot body at CX. Let's continually and repetitively come to a forum and viciously complain about everything and anything until the cows come home, but let's not for one second do anything that is slightly risky. Like the guy I flew with a while back, sat there and complained and ridiclued some of the operational policies like RETI, and then proceeds to reduces CFP by 100KG on a flight to TPE...Awh mate you gotta play the game....F@ck me, I'm really begining to despise some of the spineless people here more than I despise management.

Some of you are so afraid of your own shadows it'a not even funny.
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Old 1st Jan 2016, 23:52
  #30 (permalink)  
 
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Originally Posted by Flap10
And you think you understand the basics with the above rubbish that you posted?

So typical of what is wrong with the pilot body at CX. Let's continually and repetitively come to a forum and viciously complain about everything and anything until the cows come home, but let's not for one second do anything that is slightly risky. Like the guy I flew with a while back, sat there and complained and ridiclued some of the operational policies like RETI, and then proceeds to reduces CFP by 100KG on a flight to TPE...Awh mate you gotta play the game....F@ck me, I'm really begining to despise some of the spineless people here more than I despise management.

Some of you are so afraid of your own shadows it'a not even funny.

So very true
Average Fool is offline  

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