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Cathay in talks to buy HKE

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Cathay in talks to buy HKE

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Old 4th Mar 2019, 23:52
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Cathay in talks to buy HKE

Confirmed to Stock Exchange

http://www3.hkexnews.hk/listedco/lis...0190305087.pdf

Oh well, if pilots won't join on COS 2018, just buy the airline and the pilots...

Last edited by Freehills; 5th Mar 2019 at 00:38.
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Old 5th Mar 2019, 00:45
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Originally Posted by Freehills
Confirmed to Stock Exchange

http://www3.hkexnews.hk/listedco/lis...0190305087.pdf

Oh well, if pilots won't join on COS 2018, just buy the airline and the pilots...
Specifically a low cost airline and its low cost pilots.

So that's where the 2.3b will be spent... what a f@$king liberty.
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Old 5th Mar 2019, 01:01
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Look on the bright side - staff travel choices for HK Express staff will be much enhanced... In return for CX/KA staff access to their flights. Win/ win!
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Old 5th Mar 2019, 04:56
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Originally Posted by Freehills
Look on the bright side - staff travel choices for HK Express staff will be much enhanced... In return for CX/KA staff access to their flights. Win/ win!
Ridiculous suggestion that there would be a reciprocal travel arrangement. I mean I elected to join Cathay Pacific, why would anyone think I would lose my ID Travel priority to another airlines employees + kids - all the bloody time! That’ll NEVER happen!

Oh... Hang on.... 🙄
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Old 5th Mar 2019, 05:24
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And you guys think we’re gunna beat Cathay!!!!

City hall has too much money and power....
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Old 5th Mar 2019, 07:53
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Welcome me to the new training machine. Do they even have a union?

Originally Posted by ACMS
And you guys think we’re gunna beat Cathay!!!!

City hall has too much money and power....
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Old 5th Mar 2019, 08:39
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Originally Posted by ACMS
And you guys think we’re gunna beat Cathay!!!!

City hall has too much money and power....
Not sure where you think anyone suggested that? Perhaps you're incredibly incisive; or maybe you can’t spot what’s just comment and banter.....
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Old 5th Mar 2019, 13:32
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HNA still eager to staunch the bleeding. HKE is probably a good fit for CX. Quick route to a LoCo wing.
But what of HKA?
Latest news is the route cuts and airframe reductions are accelerating, and now they're giving their unwanted pilots a one way ticket to Tianjin Airlines and other points north. Promises of 'short secondments' that will no doubt morph into permanent PFO's. Lot's of questions circulating about what will happen to the 'secondee's' who fail the legendary medicals and sim rides. Lots of whistling in the dark going on.
Oh how times have changed.
HKA, the company that shrank to greatness.....
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Old 5th Mar 2019, 21:48
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It might just be a way for CX to take a close look into the books of the competitor or a way to get new ideas on how to run an airline, as the chimps who manage us don't have clue.
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Old 5th Mar 2019, 21:59
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Swire - again

Originally Posted by Freehills
Confirmed to Stock Exchange

http://www3.hkexnews.hk/listedco/lis...0190305087.pdf

Oh well, if pilots won't join on COS 2018, just buy the airline and the pilots...
Remember not all that long ago " we looked at the LC model and determined it would not work for us" I assume Merlin thinks differently now that the flushing sound of 4 > 5 BILLION US$ going down the toilet re a fuel gamble went the wrong way is dying down.

I've said it before and I'll say it again, this company is the poster child for the "Peter Principle" management hierarchy.

#CXit

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Old 5th Mar 2019, 22:14
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Ex CX GMA, who was let go by CX. He's one of the senior management team at HKE. Hmmmm.
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Old 5th Mar 2019, 23:37
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U mean DP or AM?
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Old 6th Mar 2019, 00:24
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Neither, PH.
That was a few haircuts ago.
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Old 6th Mar 2019, 00:30
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Originally Posted by ROW_BOT
HNA still eager to staunch the bleeding. HKE is probably a good fit for CX. Quick route to a LoCo wing.
But what of HKA?
Latest news is the route cuts and airframe reductions are accelerating, and now they're giving their unwanted pilots a one way ticket to Tianjin Airlines and other points north. Promises of 'short secondments' that will no doubt morph into permanent PFO's. Lot's of questions circulating about what will happen to the 'secondee's' who fail the legendary medicals and sim rides. Lots of whistling in the dark going on.
Oh how times have changed.
HKA, the company that shrank to greatness.....

Emirates waiting for those secondees eagerly.......great villas awaiting....
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Old 6th Mar 2019, 01:17
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he joined the wrong team. definitely wasn't a team.
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Old 6th Mar 2019, 01:49
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PH in HKE? Really?

Excellent. So when CX buys HKE they can sack him AGAIN !!
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Old 6th Mar 2019, 05:55
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PH in HKE? Really?

Excellent. So when CX buys HKE they can sack him AGAIN !!
Oh, I really hope this is true. To see him sacked again would be worth the price of popcorn. Couldn't happen to a more deserving example of an ex Swire mismanagement manager.

Last edited by Harbour Dweller; 6th Mar 2019 at 06:33.
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Old 6th Mar 2019, 06:09
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Alan Joyce has really lost his testicles on this...............
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Old 6th Mar 2019, 07:13
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Originally Posted by DessertRat
PH in HKE? Really?

Excellent. So when CX buys HKE they can sack him AGAIN !!
No - HNA got rid of the expat management team brought in to make HKE into a proper LCC a while back (andrew cowan etc) including PH
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Old 6th Mar 2019, 07:32
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Alan Joyce has really lost his testicles on this...............
HKE Jetstar, has a nice ring to it, and would complete the original plan. Might be why CX are so keen on it all of a sudden
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