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Hong Kong Airlines (HKA)

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.

Hong Kong Airlines (HKA)

Old 12th Oct 2018, 04:37
  #261 (permalink)  
 
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CSA wants another 250 aircraft by 2020. Why not purchase HNA or one of their subsidiaries? CES and Air China are also competing for dominance in the China region. If the house of cards starts to crumble, I'm sure someone will come in and clean it up.
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Old 12th Oct 2018, 10:38
  #262 (permalink)  
 
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Originally Posted by SIDS N STARS
CSA wants another 250 aircraft by 2020. Why not purchase HNA or one of their subsidiaries? CES and Air China are also competing for dominance in the China region. If the house of cards starts to crumble, I'm sure someone will come in and clean it up.
The Chinese banking system is closed to international scrutiny. The domino theory is very valid since it is only the Chinese banks that are funding the Chinese airline expansions.
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Old 12th Oct 2018, 11:12
  #263 (permalink)  
 
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That’s a valid thought. But remember that the Party needs stability, so they’ll continue to use smoke and mirrors to prop up entrrprises. Gotta convince the proles.
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Old 13th Oct 2018, 04:27
  #264 (permalink)  
 
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Spleener: not unlike the Federal Reserve and its printing press.
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Old 13th Oct 2018, 05:24
  #265 (permalink)  
 
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Originally Posted by spleener
That’s a valid thought. But remember that the Party needs stability, so they’ll continue to use smoke and mirrors to prop up entrrprises. Gotta convince the proles.
The Trump trade tariffs are hitting China very hard, much more so than their tit-for-tat responses on the USA. The USA can buy and sell from anyone. China sells to the world if allowed to and buys from a very limited supply chain. Currency control imposed in China and Hong Kong to stop the flow of ill gained cash leaving their economy. There main raw materials supllier ( Australia ) on an earnings warning. If one Chinese bank falters the whole pack of cards could follow. If as Trump has hinted the next round of tariffs is on airframes from Boeing then the aviation game is over in China. Airbus can't fill the gap and would not be allowed too and the Chineses domestic airframe programme doesn't meet international standards. Worrying times for any mainland carrier.
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Old 13th Oct 2018, 11:09
  #266 (permalink)  
 
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Originally Posted by unitedabx
The Trump trade tariffs are hitting China very hard, much more so than their tit-for-tat responses on the USA. The USA can buy and sell from anyone. China sells to the world if allowed to and buys from a very limited supply chain. Currency control imposed in China and Hong Kong to stop the flow of ill gained cash leaving their economy. There main raw materials supllier ( Australia ) on an earnings warning. If one Chinese bank falters the whole pack of cards could follow. If as Trump has hinted the next round of tariffs is on airframes from Boeing then the aviation game is over in China. Airbus can't fill the gap and would not be allowed too and the Chineses domestic airframe programme doesn't meet international standards. Worrying times for any mainland carrier.
I’m not sure what you mean. Tariffs are generally imposed on imports, not on goods American companies are selling to willing buyers. Kind of defeats the purpose to hurt businesses at home. Especially big ones like Boeing, who are unlikely to sit idly by while their order book is emptied. They most certainly have political capital to influence trade policy. See the C-Series as an example.

The US is as likely to “collapse” as China. If we’ve learned anything it’s that these events are almost entirely unpredictable and far worse than imagined.
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Old 17th Oct 2018, 12:36
  #267 (permalink)  
 
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Well the recruitment for 2018 has closed, due to Hainan Group having reassessment and review,at the way the group is going, including reduction in the fleet expansion. Expect maybe the recruitment might reopen early 2019.
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Old 22nd Nov 2018, 03:55
  #268 (permalink)  
 
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Originally Posted by Onesixty2four
Wow. Reading this just makes me feel soooooo happy about my current gig. Pay is good, easy lifestyle, relaxed 10 minute drive to work, tropical living, cheap col, big house paid for by the company, excellent crew, good people to work with, roster up to 6 weeks in advance. I could go on, but I'm on standby so need to head off to the gym (also provided by the company).
Where is it you work buddy?!!! Intrigued!
.
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Old 24th Nov 2018, 02:42
  #269 (permalink)  
 
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Yes also curious to know where you work
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Old 12th Dec 2018, 12:42
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Originally Posted by PushRed
All expansion is on hold. The issue is with the mothership and not HKA. Training center scheduled to open Q2 2019. Currently all available funds being sunk into the new building and A350s. A350s will continue to arrive albeit at a much slower rate. 4-5 new A330s parked in France awaiting delivery. These new birds are part of the 2016 order for 9 additional A333s. The 787s was a nice dream...officially dead..and for the better to be honest! Cancellation of Moscow, Gold Coast, Cairns and all cargo operations. Increased frequencies to Japan and China.

Looks bad from the outside but to be honest a little stability will be a welcome break. Growth has been lightning paced in the last 3 years. AKL, YVR, LAX and SFO. Time to gather stock, stabilise and be ready to go again second half next year.

The key point is growth is on temporary hold...things will fire up again soon with Toronto and New York planned to next year.
I hear they’re now looking for voluntary unpaid leave from pilots, up to 6 months. Not so temporary then, eh? And what if they get no takers?

Several hundred cabin crew fired already too. Damn shame.
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Old 13th Dec 2018, 10:27
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Originally Posted by ROW_BOT


I hear they’re now looking for voluntary unpaid leave from pilots, up to 6 months. Not so temporary then, eh? And what if they get no takers?

Several hundred cabin crew fired already too. Damn shame.
Is there anyone else who can confirm?
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Old 18th Dec 2018, 12:52
  #272 (permalink)  
 
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Originally Posted by PushRed
No Paid Leave is real....over crewed on A330 left seat. Maximum 6 months. Only for A330 Captains. The reason for the NPL is the no show of the 9 new A330s that were ordered in 2016. Company however hired with these frames in mind. HNA stuff is clearly causing a big mess. New rumours everyday!! Good news is the A350s are still coming....not sure who's paying for them though! Cabin crew being fired? Haven't heard that one!
Long time guest lurker here. Been with HKA for about two years now. 200 cabin crew fired, with talks of quite a few more going to be fired also.
Long haul expansion not doing well (LAX,SFO,AKL) - with AKL cutting down to 3 flts/week from next year (from daily), and no 2x daily flt during Christmas period from last year. AKL likely to close at the end of 2019 after reduction of flights.
Poor load-factors on longhaul flight, avg. l/f on SFO about 50% and on AKL about 25% (not too sure about la haven't checked).
Expansion into London, NYC on hold - with Toronto the last expansion for a while set for June 2019. Poor maintenance of fleet, with A350's already in terrible condition and simply not being maintained.

D
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Old 19th Dec 2018, 07:58
  #273 (permalink)  
 
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TOP BRASS leaving.. HKA & HKE face turbulent future

https://amp.scmp.com/news/hong-kong/...hit-three-high
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Old 28th Dec 2018, 08:43
  #274 (permalink)  
 
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Originally Posted by jetjockey696
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<br /><br />So...just what exactly is happening with HKA? Or maybe I should say what is happening with HNA? What is their financial situation? Just how much debt do they have?<br />
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Old 1st Jan 2019, 13:06
  #275 (permalink)  
 
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Anyone else here in the FO holding pool for A320 or has any news ?

I heard a lot of mixed opinions about the near futur of HKA so i am a bit confused !
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Old 1st Jan 2019, 13:48
  #276 (permalink)  
 
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Heard courses are cancelled or delayed. Very uncertain future .Feel sorry for the crew there .hopefully it pulls through
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Old 2nd Jan 2019, 00:06
  #277 (permalink)  
 
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Mumbai what do you mean by Crews are being dumped ?? Nobody has been let go as far as I know !!!!
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Old 2nd Jan 2019, 02:11
  #278 (permalink)  
 
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exactly, volare.

as for the flight attendant lay-off, they are still steaming ahead with their training courses at the AFFC. No layoffs.

baseless axe to grind time for some guys on this thread
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Old 2nd Jan 2019, 02:54
  #279 (permalink)  
 
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There hasn't been any cockpit or cabin crew layoff as far as i know. Its all BS
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Old 2nd Jan 2019, 03:28
  #280 (permalink)  
 
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I've been watching the Cabin Crew total number on SO. It only dropped by 1.
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