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Letter from the DFO

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Letter from the DFO

Old 19th Aug 2018, 10:02
  #41 (permalink)  
 
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STP, Traf said his nephew purchased in a "suburb" of London. As you well know, prices would vary greatly from inner London to a far outer suburb. I think Trafs' point was very valid. It's a darn sight more likely a 25 yrd old can afford a house/home in or around London than the impossibility of doing so in HK, which I believe WAS his point. Regardless, Rexbanner doesn't have ANY facts at hand regarding his nephew, so personally questioning Traf's comments seemed a bit out of order. And Rexbanner mentions his location as Botswana, so Traf's comment is at least based on a fact provided by Rex.
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Old 19th Aug 2018, 10:15
  #42 (permalink)  
 
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Originally Posted by Air Profit View Post
STP, Traf said his nephew purchased in a "suburb" of London. As you well know, prices would vary greatly from inner London to a far outer suburb. I think Trafs' point was very valid. It's a darn sight more likely a 25 yrd old can afford a house/home in or around London than the impossibility of doing so in HK, which I believe WAS his point. Regardless, Rexbanner doesn't have ANY facts at hand regarding his nephew, so personally questioning Traf's comments seemed a bit out of order. And Rexbanner mentions his location as Botswana, so Traf's comment is at least based on a fact provided by Rex.
Air Profit, that's true but why mention London at all? If you want to buy/rent a property in Hong Kong, as you well know, prices actually do vary greatly from Mid-Levels to the northern New Territories. I do take his point that housing is significantly more affordable in the UK than Hong Kong for an equivalent property but I still contest the implication that a 25 year-old BA pilot can afford a home in (a suburb) of London without some sort of financial assistance from a source other than a bank or lending institution, as did Rex.

As for location, it's a fact that your location is 'No where' - does that mean that you're stateless?

STP
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Old 19th Aug 2018, 10:16
  #43 (permalink)  
 
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The point I am making is this; I’m a BA pilot, probably on a similar pay point to this person and I know full well what I earn and what the bank will lend based on it. I’ve just been through a mortgage application in an area very similar to South East England in terms of prices and know how far the money stretches. I’m not trying to derail the discussion, there were some very valid points raised by Trafalgar I am sure. It’s just if someone makes a disingenuous or misleading comment based on the BA salary then I’m in a position to present the facts, that’s all. No confrontation intended here, just pointing out that our package (IMHO) isn’t up to scratch either.

(Oh and does anyone put accurate location info on here?)
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Old 19th Aug 2018, 11:16
  #44 (permalink)  
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Thanks for the clarification. I agree that it's a difficult proposition purchasing in London. My nephew worked hard for several years and saved a significant sum to afford his downpayment (and a very nice car!). However, that at least is doable in the UK, unlike in HK, where you need at least $400K usd as a deposit on a small 350-450 sq ft flat, the price of which is currently about 1 Million usd. HIs house is a small affair down south, for which he paid about half as much, and only needed about a quarter as much deposit as HK would require. No contest. BA may have it's problems as well, but you are in your home country and will at least have a properly structured and legally secure career, both of which are questionable at CX.

...anyway, back to the DFO's letter. It is striking that he states the company is "willing to budget for resignations", but not seemingly to provide a proper package to avoid the resignations in the first place. What madness is that? He states that they anticipate 130 people leaving. Take a moment to picture 130 pilots in a row, with the entire reality of their initial hiring, training, life investment, family sacrifice, etc etc. That is a disgusting waste of commitment and manpower, something that our DFO and Swire's seem to believe is of no real consequence. The replacement cost in training alone will run into the many millions. This company is broken, and no more ably demonstrated than by the DFO's own words. They truly have lost the plot.

nb: The DFO stating that CX is a "career airline" doesn't make it so. Facts are what determine that, and the multitude of facts contrary patently show that CX is nothing more than a training airline for the rest of the worlds major carriers. They really should send the DFO a bouquet of flowers as thanks.

Last edited by Trafalgar; 19th Aug 2018 at 11:31.
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Old 21st Aug 2018, 10:40
  #45 (permalink)  
 
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Hmm I think those statistics quoted in the SCMP is from an AOA email not the DFO letter.

Not saying it wasn’t leaked by the company just wasn’t from DFO letter.
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Old 21st Aug 2018, 11:04
  #46 (permalink)  
 
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Once again, a lame attempt to demonize the ARAPA recipients. Note to management: you are the same people who rely on the same program, which highlights even more your own stupidity in being part of the attempt to eradicate it. The real issue is that you have shown a wanton disregard for the well being of the HKPA recipients. They deserve a significant increase, and the longer you play this destructive game, the more of them you will lose. Either that, or open up the bases and institute proper commuting contracts. There is no hope for CX under the current impasse.
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Old 22nd Aug 2018, 05:32
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Originally Posted by Frank W. Abagnale View Post
https://m.scmp.com/news/hong-kong/ho...-end-four-year

So predictable.

That article in the SCMP was the main purpose of the DFO letter.

Precisely.
Message management
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Old 22nd Aug 2018, 06:35
  #48 (permalink)  
 
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$1 Billion cut from pilot costs. There you have it. Let expensive pilots go and replace them with cheap ones. Clever, these CX Execs…..
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Old 22nd Aug 2018, 08:40
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Hehe i heard one of our fav stc was brought in for a chat after 3 DEFO he had particpated in their training had just resigned....they wanted to know what he said to me....nothing they just realized it was a crap package and took the endoresement.
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Old 22nd Aug 2018, 17:18
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Originally Posted by Scoreboard View Post
Hehe i heard one of our fav stc was brought in for a chat after 3 DEFO he had particpated in their training had just resigned....they wanted to know what he said to me....nothing they just realized it was a crap package and took the endoresement.
Glad we are getting closer to a Atlas operating environment.
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