Go Back  PPRuNe Forums > PPRuNe Worldwide > Fragrant Harbour
Reload this Page >

Cathay in talks to buy HKE

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.

Cathay in talks to buy HKE

Old 5th Mar 2019, 00:52
  #1 (permalink)  
Thread Starter
 
Join Date: Apr 2002
Location: HK
Posts: 33
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 01:38.
Freehills is offline  
Old 5th Mar 2019, 01:45
  #2 (permalink)  
 
Join Date: Feb 2000
Posts: 76
Originally Posted by Freehills View Post
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 [email protected]$king liberty.
Betsy is offline  
Old 5th Mar 2019, 02:01
  #3 (permalink)  
Thread Starter
 
Join Date: Apr 2002
Location: HK
Posts: 33
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!
Freehills is offline  
Old 5th Mar 2019, 05:56
  #4 (permalink)  
 
Join Date: Jan 2012
Location: Not in a Bus
Posts: 325
Originally Posted by Freehills View Post
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.... 🙄
White None is offline  
Old 5th Mar 2019, 06:24
  #5 (permalink)  
 
Join Date: Jun 1999
Location: Oztrailia
Posts: 2,895
And you guys think we’re gunna beat Cathay!!!!

City hall has too much money and power....
ACMS is offline  
Old 5th Mar 2019, 08:53
  #6 (permalink)  
 
Join Date: Aug 2014
Location: Hong Kong
Posts: 8
Welcome me to the new training machine. Do they even have a union?

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

City hall has too much money and power....
Hugo Peroni the IV is offline  
Old 5th Mar 2019, 09:39
  #7 (permalink)  
 
Join Date: Jan 2012
Location: Not in a Bus
Posts: 325
Originally Posted by ACMS View Post
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.....
White None is offline  
Old 5th Mar 2019, 14:32
  #8 (permalink)  
 
Join Date: Feb 2016
Location: FL Whatever
Posts: 82
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.....
ROW_BOT is offline  
Old 5th Mar 2019, 22:48
  #9 (permalink)  
 
Join Date: Mar 2015
Location: HKG
Posts: 316
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.
controlledrest is offline  
Old 5th Mar 2019, 22:59
  #10 (permalink)  
 
Join Date: Nov 2015
Location: HK-CRoC
Posts: 695
Swire - again

Originally Posted by Freehills View Post
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

Flex88 is offline  
Old 5th Mar 2019, 23:14
  #11 (permalink)  
 
Join Date: Dec 2004
Location: hong kong
Posts: 181
Ex CX GMA, who was let go by CX. He's one of the senior management team at HKE. Hmmmm.
The FUB is offline  
Old 6th Mar 2019, 00:37
  #12 (permalink)  
 
Join Date: Mar 2016
Location: Somewhere
Posts: 2
U mean DP or AM?
Hongkie land is offline  
Old 6th Mar 2019, 01:24
  #13 (permalink)  
 
Join Date: Dec 2004
Location: hong kong
Posts: 181
Neither, PH.
That was a few haircuts ago.
The FUB is offline  
Old 6th Mar 2019, 01:30
  #14 (permalink)  
 
Join Date: Aug 2007
Location: Far Away
Posts: 60
Originally Posted by ROW_BOT View Post
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....
NotHere is offline  
Old 6th Mar 2019, 02:17
  #15 (permalink)  
 
Join Date: Mar 2016
Location: Somewhere
Posts: 2
he joined the wrong team. definitely wasn't a team.
Hongkie land is offline  
Old 6th Mar 2019, 02:49
  #16 (permalink)  
 
Join Date: May 2010
Location: Yi Pak Wan
Posts: 37
PH in HKE? Really?

Excellent. So when CX buys HKE they can sack him AGAIN !!
DessertRat is offline  
Old 6th Mar 2019, 06:55
  #17 (permalink)  
 
Join Date: Aug 2006
Location: Hong Kong
Posts: 354
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 07:33.
Harbour Dweller is offline  
Old 6th Mar 2019, 07:09
  #18 (permalink)  
 
Join Date: Mar 2016
Location: Somewhere
Posts: 2
Alan Joyce has really lost his testicles on this...............
Hongkie land is offline  
Old 6th Mar 2019, 08:13
  #19 (permalink)  
Thread Starter
 
Join Date: Apr 2002
Location: HK
Posts: 33
Originally Posted by DessertRat View Post
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
Freehills is offline  
Old 6th Mar 2019, 08:32
  #20 (permalink)  
 
Join Date: Apr 2008
Location: On the road
Posts: 159
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
mr did is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.