40% reduction in loads
Thread Starter
Joined: Feb 2007
Posts: 40
Likes: 0
From: planet ****witt
40% reduction in loads
FON update with increased leave available over the winter and massive reduction in future bookings on Cathay may not bode well for 13th month. It seems every year there is some sort of threat to bonuses. Although this may be a different situation as the previous financial uncertainties were self induced.
Will we be asked to take voluntary unpaid leave? Will the airline reduce the number of aircraft they are operating? Will air China make a bid to take over the airline? How much more time will be added to any future of an upgrade?
With all this uncertainty I feel as though I should be looking to get my arse out of here.
Will we be asked to take voluntary unpaid leave? Will the airline reduce the number of aircraft they are operating? Will air China make a bid to take over the airline? How much more time will be added to any future of an upgrade?
With all this uncertainty I feel as though I should be looking to get my arse out of here.
..........
Thread Starter
Joined: Feb 2007
Posts: 40
Likes: 0
From: planet ****witt
With those drone strikes today in Saudi Arabia knocking out half of their oil production, approximately 5 million barrels a day. I can only guess what is going to happen to the price of oil per barrel. It doesn't really matter if cargo loads are full when the cabin is half empty and fuel costs twice as much. Don't forget that Trump's little trade war with China will impact cargo as well. There is usually a delay of about two to three months before those tariffs show there effect on the Cargo shipments.
Joined: Aug 2011
Posts: 67
Likes: 4
From: toontown
FON update with increased leave available over the winter and massive reduction in future bookings on Cathay may not bode well for 13th month. It seems every year there is some sort of threat to bonuses. Although this may be a different situation as the previous financial uncertainties were self induced.
Will we be asked to take voluntary unpaid leave? Will the airline reduce the number of aircraft they are operating? Will air China make a bid to take over the airline? How much more time will be added to any future of an upgrade?
With all this uncertainty I feel as though I should be looking to get my arse out of here.
Will we be asked to take voluntary unpaid leave? Will the airline reduce the number of aircraft they are operating? Will air China make a bid to take over the airline? How much more time will be added to any future of an upgrade?
With all this uncertainty I feel as though I should be looking to get my arse out of here.
you’re worried about 13th month & bonuses ? You must be kidding ?
Joined: Sep 2007
Posts: 103
Likes: 0
From: 1st Floor
Self centred expat CX pilot. Enough said. reaps the money, doesn't give a fig about the society they live among.
Go protesters go. Lets see loads down 90%. I might actually get P25 on YVR Jclass for once
Lots of flats still being sold, so can't be so bad....lol
Go protesters go. Lets see loads down 90%. I might actually get P25 on YVR Jclass for once
Lots of flats still being sold, so can't be so bad....lol
Joined: Dec 2016
Posts: 345
Likes: 75
From: Kipling's Twain
The sectors I am trying to get on subload are not part of the 40% reduction in loads. Red in all classes all week so I stayed at home. And the prices full fare are eye watering, so the revenue is still there.
Maybe something to do with the Rugby in Japan, but sheesh I haven't seen it so bad since Christmas and Chinese New Year were the same day as Golden Week...
Maybe something to do with the Rugby in Japan, but sheesh I haven't seen it so bad since Christmas and Chinese New Year were the same day as Golden Week...
Joined: Dec 1998
Posts: 223
Likes: 66
The day of the expat is rapidly drawing to a close (at least at CX). In HK, nearly 50% of the pilots are now local. The recent COS18 expats aren't going to be staying in HK (especially when the penny drops on the cost of living, and the compromises for wives, children, schooling etc). To be fair, many of the locals are great, and I am happy to fly with them. I do feel however that eventually the nature of CX will have been changed to that of a "fly by numbers" airline, where the previous reality of experience and varied career backgrounds will have been washed away. CX is no longer the airline I joined, which is why it's probably a good thing that I am about to leave. Good luck with the long term future...something that CX managements since the early 90's have effectively traded for their own bonuses and pensions.
Joined: Apr 2009
Posts: 898
Likes: 0
From: No where
Not all of us. If they do that again, especially as we are now working alongside the KA pilots (13th month, higher salaries, more leave), I will of course take a month off between Jan and Jun, just like two years ago. Not that difficult really.
Last edited by Air Profit; 23rd September 2019 at 17:06.
Joined: Jun 2002
Aviation Qualifications: ATPL
Posts: 2,238
Likes: 218
From: Eden Valley
Air Profit- "especially" as we are now working alongside the KA pilots (13th month, higher salaries, more leave)
KA pilots came to debatable pay parity with CX pilots after a long and bitter contract compliance campaign. It wasn't a vanilla lite campaign where it was wound back in typhoons or whatever else. Captains were sacked during typhoons. It was a horrible period and many left. An unrelenting industrial campaign ensued and CX managers ousted KA leadership and came over with money. Since then KA pilots have compounded small pay increases ( though many wanted to press harder ).
Can someone explain the 13th month? Didn't CX guys have it but integrate it into a pay increase? Whereby its now discretionary? If it wasn't welded into the KA pilots contract it would go as well.
Some dispute KA pilots are paid more. Is it as simple as comparing a 5th year CX or KA Capt on monthly pay scales?
Oh the leave. Now you guys are envious? Or you just want us to lose it because we appear happy ? Actually, its the only way to endure our rosters. I recall posts here on pprune where CX guys were castigating the KA leave scheme as we use G days attached to the leave with heavy stacking for the rest of the month.
A KA roster this month has 8 or 9 G days. With 8 or 9 overnights in China. With 8 or 9 CAAC inspections ( without the briefings you guys are getting ). I'm not sure any CX pilot would want our roster and leave system. The leave system is barely a medicine in sustaining KA pilots in our operation. Without it many would go and I believe this is reason it persists. Without the leave scheme, genuine sickness levels would skyrocket too. The mysterious illnesses we get. The Holiday Inn syndrome explaining many weird illnesses picked up such as typhoid, bug infections and an incurable clap amongst others.
Joined: Aug 2008
Posts: 0
Likes: 1
From: Polar Route
We hear this every time an airline goes under. Oh, a hoard of new joiners on the latest Z scale package, and yet it never happens, except for Oasis. Those guys were already in HK, many of them ex-CX RA55.
CX is a cadet airline now, plain and simple. Before long, the safety standards will be quite similar to the rest of the Asia Pacific region ex-Japan. It’s the inevitable course the CX board and directors have put the airline on.