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Cathay Pacific agrees deal to take over budget airline HK Express,

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Cathay Pacific agrees deal to take over budget airline HK Express,

Old 26th Mar 2019, 07:54
  #21 (permalink)  
 
Join Date: Jul 2013
Location: Sunny Bay
Posts: 247
Originally Posted by cpahka View Post
Not HKA mate, the band remain playing good...
Just wait......we are all waiting and watching with great patience and gleeful anticipation.
Killaroo is offline  
Old 26th Mar 2019, 08:15
  #22 (permalink)  
HFP
 
Join Date: Apr 2016
Location: HK
Posts: 11
I have been told by a reliable source that Hainan was forced by the THB to sell express and cargo. They cannot hold more than one AOC in HK any more. They will have to sell part of HKA as well I have been told. I am not sure what you are on about AdB29. You may be doing the same job as us, but not to the same standard. This of course does not make you less of a human being though. But if you think that just because you do the same job, and have a training department with a 10 year legacy, that you have reached maturity and clarity as an organisation, which plays any significance in improving and innovating your pilots standards you are delusional. Grow up and accept, that though adequate you are not raising your standards. Cathay has and is training to 1st class standards. We are better pilots than you lot because we are cohesive, committed, and have the same operational values and beliefs. You guys are a disjointed bunch of mercenaries, not career seekers. Unfortunately our management do not see the benefit of having career pilots rather than mercenaries.

Last edited by HFP; 26th Mar 2019 at 08:28.
HFP is offline  
Old 26th Mar 2019, 10:53
  #23 (permalink)  
 
Join Date: Jan 2006
Location: England
Posts: 583
Originally Posted by HFP View Post
I have been told by a reliable source that Hainan was forced by the THB to sell express and cargo. They cannot hold more than one AOC in HK any more. They will have to sell part of HKA as well I have been told. I am not sure what you are on about AdB29. You may be doing the same job as us, but not to the same standard. This of course does not make you less of a human being though. But if you think that just because you do the same job, and have a training department with a 10 year legacy, that you have reached maturity and clarity as an organisation, which plays any significance in improving and innovating your pilots standards you are delusional. Grow up and accept, that though adequate you are not raising your standards. Cathay has and is training to 1st class standards. We are better pilots than you lot because we are cohesive, committed, and have the same operational values and beliefs. You guys are a disjointed bunch of mercenaries, not career seekers. Unfortunately our management do not see the benefit of having career pilots rather than mercenaries.

BWAHAHAHAHAHA What a ‘kin clown!
Kitsune is offline  
Old 26th Mar 2019, 12:12
  #24 (permalink)  
 
Join Date: Feb 2008
Location: DSOTM
Posts: 198
HFP, your mum not hug you when you were a child or something? Did your parents take the “let him cry it out” method to an extreme?

As far as HKE goes, welcome to the club boys and girls. Don’t forget to invite us to some of those BBQ’s you’ve been known to organise. We’ll undoubtedly have plenty to discuss.

Our friend HFP and his kind will bring plenty of salt to go around for everyone.
drfaust is offline  
Old 26th Mar 2019, 12:39
  #25 (permalink)  
 
Join Date: Sep 2007
Location: uk
Posts: 340
Originally Posted by HFP View Post
Cathay has and is training to 1st class standards. We are better pilots than you lot because we are cohesive, committed, and have the same operational values and beliefs. You guys are a disjointed bunch of mercenaries, not career seekers. .
Did you really just write that? God help you if you actually believe it.
Starbear is offline  
Old 26th Mar 2019, 14:58
  #26 (permalink)  
 
Join Date: Jul 2013
Location: Sunny Bay
Posts: 247
Unfortunately, HFP has a point.

For example - the HKA service to CNS.
Due to repeated navigation errors on the STAR to RWY15 the company received a warning from the CASA that they would be barred from the airport if they did it again. This occurred in spite of senior pilots informing the FOP Manager responsible that there was an FMS database problem (which he ignored, as is his habit, until the SHTF).

Their solution afterward was to make all pilots sign a piece of paper in ABO saying they knew about the Database issue in CNS and promised not to do it again.

Its a joke of a company, with an FOP run by a bunch of careerist jokers.
Killaroo is offline  
Old 27th Mar 2019, 00:09
  #27 (permalink)  
 
Join Date: Nov 2006
Location: Not over the Rockies anymore.
Posts: 241
Originally Posted by Scoreboard View Post



wtf does that mean? Sorry i Captain an aircraft.....but cant understand the sarcasm.......are you discarded trash from cx selection process?...couldnt pass the interview?
Means exactly what it says!
Now that you feel better about yourself, Captain, why don’t you try to answer the question!!
It would be interesting to see how many nationalities, like the ones employed by HKE, are present at Cathay?

Was that enough to stroke your big ego, or would you prefer to be addressed as Commander?
(How’s that for sarcasm)


act700 is offline  
Old 27th Mar 2019, 01:11
  #28 (permalink)  
 
Join Date: Apr 2002
Location: HK
Posts: 16
Confirmed to stock exchange

http://www3.hkexnews.hk/listedco/listconews/SEHK/2019/0327/LTN20190327213.pdf

4.93
billion HKD for a company losing money and with assets of 1 billion. Sweet. As at 31st December 2018, the net asset value attributable to the HKE Interest was approximately HK$1,119 million.

For the year ended 31st December 2018, the unaudited net losses before and after taxation attributable to the HKE Interest were approximately HK$141 million and HK$141 million respectively.
Freehills is offline  
Old 27th Mar 2019, 01:59
  #29 (permalink)  
 
Join Date: Mar 2017
Location: Australia
Posts: 33
Well, you gotta lose money to make money!

... right?
YeahNahYeah is offline  
Old 27th Mar 2019, 02:16
  #30 (permalink)  
 
Join Date: Apr 2002
Location: HK
Posts: 16
Originally Posted by YeahNahYeah View Post
Well, you gotta lose money to make money!

... right?
it is almost amusing how CX negotiates with internal vs external parties.

internal ‘take it or leave it’

external ‘here, have some more money’
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Old 27th Mar 2019, 03:18
  #31 (permalink)  
 
Join Date: Mar 2017
Location: Australia
Posts: 33
Originally Posted by Freehills View Post


it is almost amusing how CX negotiates with internal vs external parties.

internal ‘take it or leave it’

external ‘here, have some more money’
Can you write down labour for those tasty, tasty tax breaks?
YeahNahYeah is offline  
Old 27th Mar 2019, 03:47
  #32 (permalink)  
 
Join Date: May 2007
Location: CLK
Posts: 333
It is simply about the gaining of extra slots at a growth constrained HKIA and to garner favour with the SAR gov, never mind the other factors.
Farman Biplane is online now  
Old 27th Mar 2019, 05:00
  #33 (permalink)  
 
Join Date: Jan 2007
Location: Melbourne
Posts: 95
Originally Posted by Farman Biplane View Post
It is simply about the gaining of extra slots at a growth constrained HKIA and to garner favour with the SAR gov, never mind the other factors.
Not only this but Slosar wouldn’t care if the company was shrinking, he was desperate for a LLC no matter what the cost. Now he can stepdown as chairman knowing he has monopolised the HK market
Jnr380 is offline  
Old 27th Mar 2019, 05:10
  #34 (permalink)  
 
Join Date: Dec 1998
Posts: 21
So....now I know where my expected profit share went. Once again, the "little airline that cried poor". Disgusting, shameless and more evidence that we work for the biggest group of narcissists in the industry. Shameless. Please, John, don't have Rupert make any more "we're so poor" speeches. Getting a bit tired of listening to the same broken record. Most of us are leaving anyway so at least we won't have to listen to the same rubbish for much longer.
mngmt mole is offline  
Old 27th Mar 2019, 05:15
  #35 (permalink)  
 
Join Date: Dec 1998
Posts: 21
I might also add that this quite possibly confirms the end of any career prospects at CX. They now have Dragon and Express to grow throughout Asia and the region, leaving CX as their neglected overseas carrier. I expect very little growth for CX, and most of it now going to their lower cost units. At the very least, they will use the threat of doing so as a way to drum down pay and conditions at CX (as if COS18 hasn't already put the nail in the coffin of a genuine career). Writing is on the wall IMHO.
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Old 27th Mar 2019, 07:22
  #36 (permalink)  
 
Join Date: Sep 2004
Location: somewhere
Posts: 230
4.93 BILLION Hkd? That has to be a typo error. For a failing, loss making airline swimming in a sea of debt with a flawed business plan , controlled by suspected incompetent management team? Surely some mistake? 4.93 Billion!!!!?
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Old 27th Mar 2019, 07:27
  #37 (permalink)  
 
Join Date: Aug 2006
Location: The Cesspit
Posts: 318
mngmt mole, you forgot Air Hong Kong.
Cathay now own 4 airlines. If you’re at all wondering which of the 4 are about to be plagiarized to support expansion at the others, look no further than CX’s revised training plan for this year.
Progress Wanchai is offline  
Old 27th Mar 2019, 15:07
  #38 (permalink)  
 
Join Date: Jul 2017
Location: Earth
Posts: 9
Interesting how HKE just got a payrise of about 20% on productivity
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Old 27th Mar 2019, 22:59
  #39 (permalink)  
 
Join Date: Aug 2007
Location: Asia
Posts: 127
You all just witnessed the shrinking of CX. Time to upgrade just went to eternity, a good percentage of our flying is going to disappear.
Dilbert68 is offline  
Old 27th Mar 2019, 23:58
  #40 (permalink)  
 
Join Date: Jan 2007
Location: Melbourne
Posts: 95
Originally Posted by Dilbert68 View Post
You all just witnessed the shrinking of CX. Time to upgrade just went to eternity, a good percentage of our flying is going to disappear.
Good! if it means not spending 48hrs in CGK or 7 days in HYD then bring on the shrinking. KA/HKE are welcome to take over those ports
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