RH Resigns?
Join Date: Dec 2018
Location: Hong Kong
Posts: 76
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Gonuts
I believe Some How I'm Tired is talking about the 600 office staffs Rupert had fired last Summer.
Join Date: Dec 1998
Posts: 153
Likes: 0
Received 0 Likes
on
0 Posts
Hmmm, onto my seventh CEO of my CX career. Don't feel to bad for RH, he'll slink way with millions of shareholders money. In a proper capitalist system he wouldn't have risen too far, but in the incestuous Swire empire the curdled cream does tend to rise to the top. We still have the feckless and craven JS at the helm of Swire, so there will be no real change (of course). This airline is in disarray from one end to the other, and its day is done. Stay for chaos and misery if you wish, but you will never have a stable and rewarding career here ever again. You can bank on it.
Also, time to realise that CX never sold out to the Chicoms, the Chicoms simply have come in and effectively taken the airline. The new CEO and number 2 are basically in the back pocket of Beijing, and will do exactly what they want, no matter what the Swire board or HK regulators want. CX is now a surrogate mainland airline, and the management will now jump when Beijing barks. Sad day.
Also, time to realise that CX never sold out to the Chicoms, the Chicoms simply have come in and effectively taken the airline. The new CEO and number 2 are basically in the back pocket of Beijing, and will do exactly what they want, no matter what the Swire board or HK regulators want. CX is now a surrogate mainland airline, and the management will now jump when Beijing barks. Sad day.
Join Date: Dec 2018
Location: Hong Kong
Posts: 76
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Adambrau
According to CNN Rupert Hogg and Richard Loo resigned.
Join Date: Jul 2018
Location: All over
Posts: 267
Likes: 0
Received 0 Likes
on
0 Posts
Actually, with AC as the minority (but significant) shareholder the playbook now becomes obvious. The entire thing with CAAC was a set up. Bejing uses the whole shebang as an excuse to simply come in and grab the airline after it's done a bit of grabbing itself and fattened itself up a bit with some other deals.
True commie dooshbaggery at its finest. My hat's off to them.
Other biznesses should take note though. And I'm not sure Bejing knows what it's getting lol.
True commie dooshbaggery at its finest. My hat's off to them.
Other biznesses should take note though. And I'm not sure Bejing knows what it's getting lol.
Join Date: Apr 2016
Location: VHHK
Posts: 32
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Slasher1
The entire thing with CAAC was a set up. Bejing uses the whole shebang as an excuse to simply come in and grab the airline after it's done a bit of grabbing itself and fattened itself up a bit with some other deals.
Meanwhile no one has actually been found guilty of an offence in the Hong Kong courts.
Join Date: Dec 1998
Posts: 153
Likes: 0
Received 0 Likes
on
0 Posts
The reality is that the mainland is governed by a "Gangster Theocracy", and you have just witnessed it's power at first hand. If anyone thinks it will end here, they really should be out buying unicorns. Beijing has now finally taken the gloves off, and HK will NEVER be the same again. Of that you can be certain. Business in HK will now be under the malignant and unstoppable force of the mainlands heavy hand, and they will take what they want when they want. Effectively they've just taken CX. As to what this means for the younger expat employees...do you really need me to tell you what the future would hold for you here?
Join Date: Feb 2015
Location: hong kong
Posts: 113
Likes: 0
Received 0 Likes
on
0 Posts
RH will be handsomely rewarded for being the fall guy . He will transfer to some other part of the swire conglomerate where he will see the light (easy when you are compensated millions ) then re invent himself and take up his new position at a much improved salary.
Join Date: Sep 2012
Location: NYC. USA
Posts: 16
Likes: 0
Received 0 Likes
on
0 Posts
Okay. RH sacrificed himself for Slosar I get it. But why Augustus Tang? Haven't they learned a lesson of appointing a Hongkie to be their CEO? Or perhaps this is exactly the future of CX? If so, why not pick Algernon Yau? At least he is much more credible than AT IMOP.
Join Date: Apr 2019
Location: Hong Kong
Posts: 125
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by cannot
RH will be handsomely rewarded for being the fall guy . He will transfer to some other part of the swire conglomerate where he will see the light (easy when you are compensated millions ) then re invent himself and take up his new position at a much improved salary.
Join Date: Aug 2006
Location: Hong Kong
Posts: 360
Likes: 0
Received 0 Likes
on
0 Posts
The week that Cathay Pacific surrendered to China
CNN Business reviewhttps://edition.cnn.com/2019/08/16/b...ina/index.html
Join Date: Jan 2006
Location: England
Posts: 596
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Sep 2017
Location: Europe
Posts: 1,674
Likes: 0
Received 0 Likes
on
0 Posts
The Western political establishment lived in a fairy land.
Echoing around houses of Parliament for decades was the mantra that a modernised China would be a freer China.
Western consumers bought endless piles of Chinese junk, ignoring the reality of tyranny.
In the antipodes, hordes of mainland students intimidate Hong Kong supporters, University Chancellors ignore the abuse, while consular staff applaud the violence in another country.
Cathay Pacific didn't even fight.
Imagine if crew were detained in the mainland?
Echoing around houses of Parliament for decades was the mantra that a modernised China would be a freer China.
Western consumers bought endless piles of Chinese junk, ignoring the reality of tyranny.
In the antipodes, hordes of mainland students intimidate Hong Kong supporters, University Chancellors ignore the abuse, while consular staff applaud the violence in another country.
Cathay Pacific didn't even fight.
Imagine if crew were detained in the mainland?
Join Date: Mar 2000
Location: Hong Kong, SAR.
Posts: 304
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by mngmt mole
This is only beginning. HK will never be the same again. CX will never be the same again. Can anyone envision a stable, prosperous career here going forward? Seriously? Anyone?
it is over, it will never be the same... bla bla bla...
its hasn't been the same for 20 years... it always changes, and never for the better, except, of course, the illy coffee.
CCTV could have made this statement
" It accused the airline of having "flawed" professional ethics"
years ago if it took any notice of all the breaches of HK Labour laws.
" It accused the airline of having "flawed" professional ethics"
years ago if it took any notice of all the breaches of HK Labour laws.
Last edited by BusyB; 18th Aug 2019 at 13:15. Reason: grammar
Join Date: Apr 2009
Location: No where
Posts: 893
Likes: 0
Received 0 Likes
on
0 Posts
Ok Oasis, bla bla all you like. If you don't think HK has moved into a permanent twilight zone (and certainly different from anything over the past 20 yrs), you haven't been paying attention. MM is correct, this is a game changer, and HK will certainly not be the same again. Beijing is going to make certain of that. Only the beginning.
