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This does not bode well...

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.

This does not bode well...

Old 12th Aug 2019, 08:10
  #21 (permalink)  
 
Join Date: Jan 2000
Location: Blighty
Posts: 326
Originally Posted by Slasher1 View Post
Looks like the entire shebang has fallen prey to the Angry Pink Menace.
Just for the benefit of readers not familiar, what or who is the " Angry Pink Menace"?

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Old 12th Aug 2019, 09:47
  #22 (permalink)  
 
Join Date: Jul 2018
Location: All over
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Originally Posted by deeceethree View Post
Just for the benefit of readers not familiar, what or who is the " Angry Pink Menace"?
Commies.

From John Candy in ĎVolunteersí
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Old 12th Aug 2019, 12:28
  #23 (permalink)  
 
Join Date: Sep 2017
Location: Europe
Posts: 1,305
Originally Posted by Apple Tree Yard View Post
I used to ponder what would herald the end of Hong Kong. I now actually believe we have passed that point, it just hasn't sunk in yet. This party is over. Don't doubt it. We'll all look back at this summer and realise that the end descended suddenly, and for many of us it is now too late. Get yourselves and your families out of here. It's finished.
That the CCP are massing troops in Shenzen is a concern.
The moment the tracked vehicles cross into Hong Kong, then the SAR free trade zone is done.
Whilst not the "centre" it once was, it has clout and the potential is that things get messy and fast.
The ramifications for Winne are substantial and all of a sudden Taiwan is well aware what awaits.
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Old 12th Aug 2019, 15:24
  #24 (permalink)  
 
Join Date: Aug 2008
Location: Polar Route
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Itís quite possible that a second Cold War has already started between the West and China (joined by Russia, North Korea, and possibly other proxies). The economic war has been going on for decades, along with cyber warfare. The societal battle over human rights has just begun, and HK happens to be the centerpiece because of its proximity, history, and people. Itís only a matter of time before militaries become involved. Thatís when it will become obvious that CX and HK are truly over and done. I agree that the prudent thing to do is leave, although Iím not following my own advice due to Golden (Silver?) Handcuffs. Probably best I start unshackling myself...
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Old 12th Aug 2019, 21:12
  #25 (permalink)  
 
Join Date: Apr 2009
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Cxorcist, I suggest those Golden Handcuffs will soon be replaced by the real kind. Hong Kong is finished. I doubt there is any turning back from this. Even if the protestors now back down (highly unlikely, nor should they), the mainland authorities will begin to rule HK with a rod of iron. CX will become collateral damage in this epic test of wills. We have one of the most pathetic, pandering, mendacious and venal managements, so you can be sure that they will make things worse for every employee. There is no more career here. It is over. Accept that and get out while there is still an option for you and your families.
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Old 12th Aug 2019, 22:01
  #26 (permalink)  
 
Join Date: Sep 2000
Location: The Back of Beyond
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That's all well and good, but how will this all affect the value of my hong kong apartment?
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Old 12th Aug 2019, 23:26
  #27 (permalink)  
 
Join Date: Oct 2014
Location: Where my hat is
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Make sure you leave the key in the door for the new ex-mainland occupant.
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Old 12th Aug 2019, 23:39
  #28 (permalink)  
 
Join Date: Jul 2013
Location: Everett, WA
Age: 64
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Several years ago - at the time that the UK gave Hong Kong to China - there was a massive flood of ex-Hong Kong residents to Vancouver, BC and the surrounding area. The huge difference in real estate prices between Hong Kong and BC meant that they could buy mansions with the cash they'd gotten selling their tiny apartment in HK. Caused huge resentment among the long term residents - particularly since the people moving in would by a nice house with a yard, bulldoze it, and built a huge yard-less "MacMansion" on the site. They passed several laws to try to limit the damage but for the most part they didn't work or were too late.
BC is still feeling the long term effects.
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Old 13th Aug 2019, 00:42
  #29 (permalink)  
 
Join Date: Jun 2001
Location: Surrounded by aluminum, and the great outdoors
Posts: 3,706
typical airline management, beg the staff for help when the airline is in trouble, shitcan the staff when the staff are in trouble...
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Old 13th Aug 2019, 01:03
  #30 (permalink)  
 
Join Date: Mar 2000
Location: Hong Kong, SAR.
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Originally Posted by Air Profit View Post
Cxorcist, I suggest those Golden Handcuffs will soon be replaced by the real kind. Hong Kong is finished. I doubt there is any turning back from this. Even if the protestors now back down (highly unlikely, nor should they), the mainland authorities will begin to rule HK with a rod of iron. CX will become collateral damage in this epic test of wills. We have one of the most pathetic, pandering, mendacious and venal managements, so you can be sure that they will make things worse for every employee. There is no more career here. It is over. Accept that and get out while there is still an option for you and your families.
You must be fun at parties!
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Old 13th Aug 2019, 01:27
  #31 (permalink)  
 
Join Date: Apr 2009
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...especially when I bring my handcuffs (kidding aside, it IS over, and we all know it)
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Old 13th Aug 2019, 01:28
  #32 (permalink)  
 
Join Date: Jul 2010
Location: Asia
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When comparing EK and CX as potential employers, EK had the disadvantage that it was located in an unstable region with the ever present danger of conflict, whereas CX had a stable and peaceful home base under the protection of China. If this goes on much longer, reverse rostering from home countries may need to be implemented for those with families. I know a CX skipper who moved his wife and children to Australia last year which he must rate as one of the best decisions he ever made.
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Old 13th Aug 2019, 01:55
  #33 (permalink)  
 
Join Date: Jul 2018
Location: All over
Posts: 130
The other thing you gotta keep in mind is that while commies are evil, brutal, and power hungry they are not necessarily stupid. Bejing could well be exploiting these events as a sort of forced hostile takeover of the airline. Or what is left of it when the brew ha ha settles down.
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Old 13th Aug 2019, 02:27
  #34 (permalink)  
 
Join Date: Apr 2019
Location: Hong Kong
Posts: 13
Originally Posted by Air Profit View Post
...especially when I bring my handcuffs (kidding aside, it IS over, and we all know it)

Thatís what they said during the 1967 riots.
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Old 13th Aug 2019, 02:48
  #35 (permalink)  
 
Join Date: Aug 2008
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Originally Posted by AllWobbly View Post



Thatís what they said during the 1967 riots.
1967 - British rule
2019 - Chinese rule

BIG difference!
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Old 13th Aug 2019, 04:43
  #36 (permalink)  
 
Join Date: Apr 2019
Location: Hong Kong
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Originally Posted by cxorcist View Post

1967 - British rule
2019 - Chinese rule

BIG difference!
sure the British sent in the troops
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Old 13th Aug 2019, 05:49
  #37 (permalink)  
 
Join Date: Sep 2007
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Originally Posted by Slasher1 View Post
Bejing could well be exploiting these events as a sort of forced hostile takeover of the airline. Or what is left of it when the brew ha ha settles down.
CX share price down over 9 % in last 2 days .

If it gets to around HK8 per share, there could be something in the above post .
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Old 13th Aug 2019, 06:19
  #38 (permalink)  
 
Join Date: Jun 2000
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Originally Posted by Krone View Post


CX share price down over 9 % in last 2 days .

If it gets to around HK8 per share, there could be something in the above post .
Highly unlikely unless there is something else motivating the sale other than price.
Swire and Air China currently hold 74.9 % of the shares. Qatar 9.64% and some other institutional shareholder 3 odd % (from memory). That leaves 12 % that are ďliquidĒ.
I think you are wrong as only a pilot would buy high and sell low !
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Old 13th Aug 2019, 07:03
  #39 (permalink)  
 
Join Date: Dec 2016
Location: The Twain
Posts: 75
There was talk in a brokerage that some of the known brokers that handle CXs purchases for buy back were active yesterday.

A good opportunity for them I would guess

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Old 13th Aug 2019, 09:21
  #40 (permalink)  
 
Join Date: Jun 2007
Location: London
Posts: 362
History serves up the best lessons. Mate of mine was ready to join Iranair in 1978. His Dad tried to put him off and himself, had lived and worked in Iran for 30 years. Mate listened to very high authority advice and stayed put in the UK. His Dad also stayed put, but , in Iran. Sooner than ever imaginable, he found himself in the back of a RAF Herc being evacuated out. Kissed goodbye to 30 years, a house on the shores of the Caspian, a three bed apartment in North Tehran , four cars and a bundle of loot still in the local bank. He was accommodated by my mate in the Uk but went through his stash in a Swiss Bank within the year. He died of a massive stroke weeks later.

Me & my friend looked hard at CX. The latter a CX failure after several attempts. It all looked too good for me and although selected, never took up the offer.

Mt friend was eased out of GF in 2009. Weeks later, civilians were being shot in a public square. Bahrain is still not the relaxed, open, friendly place that it was.My mate, actually considered retiring in Bahrain until we slapped him around, a bit.

Air Profit, drop the handcuffs quick. Look back at history. The present is about to change very rapidly.
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