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The Latest Act of Desperation

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The Latest Act of Desperation

Old 31st Jan 2018, 09:24
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The Latest Act of Desperation

It seems that management are seeking out the more "junior" pilots and engaging them in conversation, the gist of which is to ask them what they are paying for rent, and then suggesting that such sums are affordable and reasonable, as well as the size of apartment (450 sq/ft in Tung Chung, 20K/mo...wow, you LUCKY chap!). They are also telling them that the company is "overstaffed" with pilots and that they are luck to have the job.

This is yet another sign of a management in the throes of desperation (and who amongst you upstairs can be convinced to take part in such a pathetic charade?, the cast of usual characters comes to mind). This airline and it's flight operation is about to implode. Now all they have left in their jar of tricks is a pathetic attempt at reverse psychology. One of the FO's who was involved told me that the manager "reeked" of desperation and insincerity, and it was all he could do to not laugh in his face (quote).

So AT, RH and co, is this really what your vast educational background has brought you to?, trying to manipulate younger pilots who have already made up their mind to leave anyway (as was the FO who relayed this story, awaiting course date back home). It would be funny if it wasn't SO sad and SO pathetic.

Know that every FO/SO is onto your little game, is contemptuous of it, and the managers involved. You lost nearly everyone of our aircrew over the past few years. You have no credibility, and this little stunt only confirms to most of them that the sooner they get out of CX the better. Don't try telling a Canadian/USA/European that he/she should be grateful living in a shoebox, with poor pay, poor benefits and even poorer chances of a stable and properous career. For that they know the answer lies with an airline back home, which at least has sane managers. Needless to say, not much chance of ever finding that here.
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Old 31st Jan 2018, 12:03
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Easy answer to when they go like that is point that they are such good managers that they should help out the company so much they should live in our shoeboxes as well so they can do their bit for TTW.

Managment normally reply “dont take that tone with me...”
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Old 31st Jan 2018, 13:04
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A good life’s lesson is ya gotta be careful who you trust.

And that not everyone is as honest as you might be.
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Old 31st Jan 2018, 15:47
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Amen brother. So true. I can’t tell you how many times I’ve been burned by trusting and being loyal to people because I expected them to be like me.
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Old 31st Jan 2018, 23:07
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There seems to be a quite a lot of unsanctioned questioning going round at the moment...anyone looked at the recent letter from the Chairman to the GMO?
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Old 1st Feb 2018, 06:51
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Who ever actually penned Darryl's letter did so with exemplary skill. What a pity the distribution list stopped at the DFO!
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Old 1st Feb 2018, 13:36
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CX is losing billions, and the Swires have no idea what is going on? If so, they are either complicit in the losses or totally incompetent at managing their own businesses. I strongly believe it’s the former. The Swires are pillaging this airline of its cash through fuel and currency hedges. What other explanation makes sense?
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Old 1st Feb 2018, 16:39
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CR. Maybe time to take a breath and step back?
Swires know exactly what is going on. It is about a long term strategy and return on investment. Ask yourself where Swires are concentrating their efforts and with which major partner. HK has had its day and CX doesn’t fit with the geopolitics. The Mainland is where profit is to be made.
There is a lot more to this if you wish to dig: CX is a mere pawn.
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Old 1st Feb 2018, 17:16
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Please expand on this... I have looked extensively and cannot figure out what the Swires are getting at. Taking all the cash out of the airline only makes sense if the intention is to sell the airline for planes, parts, and routes. The problem with that is that shareholder value is destroyed along with the balance sheet. So unless the Swire shares can retain value while the public shares are trashed, I don’t get it. Obviously, the employees will be left with no place to sit when the music stops playing.
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Old 1st Feb 2018, 17:29
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Follow the money. Take a look at a cash strapped supply chain company in Singapore with strong Swire Connections and look at the time line comparisons with Swire partnerships and takeover deals.
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Old 1st Feb 2018, 17:42
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Well, that’s juicy. I’ll look. Got any key words for my search?
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Old 1st Feb 2018, 18:00
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The word for your search is alchemy
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Old 1st Feb 2018, 22:58
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Ask yourself why was Haeco moved out of cx into Swire , why was the trail of us signing in at the airport terminated? Who owns HAS busses?

Follow the money! They know exactly what is goining on. The hedge is going to be the biggest heist in aviation history.

We have no new aircraft orders beyond 2020...that is when we become a Chinese airline.
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Old 2nd Feb 2018, 00:39
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We already are.
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Old 2nd Feb 2018, 02:50
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HAS is 100% owned by CX.

There are 49 aircraft on order beyond 2020 (5 A350, 21 B777X, 23 A321)

Cathay & Dragon became Chinese airlines in 1997 - the registration on the aircraft starts with a B from then

(not defending CX, but do try and get facts correct)

Last edited by Freehills; 2nd Feb 2018 at 02:55. Reason: more stuff
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Old 2nd Feb 2018, 02:57
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I see UPS ordered an additional 14 -8 Freighters yesterday (and they pay high salaries and proper benefits). Obviously their management are idiots
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Old 2nd Feb 2018, 06:15
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There’ll be a fair number of CX pilots flying those new aircraft I would think!
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Old 2nd Feb 2018, 06:39
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Especially when the US Govt approves the hiring of foreign pilots, which is awaiting approval.
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Old 2nd Feb 2018, 07:28
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until Trump vetoes it!
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Old 2nd Feb 2018, 07:56
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Originally Posted by mngmt mole
Especially when the US Govt approves the hiring of foreign pilots, which is awaiting approval.
Do you have any background info on that ? Perhaps a link to a government website where it's discussed ?
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