Hong Kong Airlines fighting to survive..
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The company is telling the staff very little about what’s going on, lots of rumours floating around, however Ol’ Danny Boy seems to get all the goss from them. Will we also find out we’ve been personally laid off via the SCMP?
Things were very shaky even before the Wuhan virus, with the current situation affecting air travel and the shock waves in China battering the parent company's finances, it must be game over soon. Even well established players with limited exposure to China are feeling the effects, HKA are unable to quickly diversify into alternative markets and lack a backer with deep pockets to carry them through the present crisis. Not looking good.
Have I got this right ? I'm happy to be corrected, CX want to me to hand over three weeks of my pay to help em out of a tough spot, but at the same time are going to effectively use that money to pay new Pilots from a competitor (HKA) to do my job more cheaply. Can anyone explain why one single Pilot would volunteer for that deal (SLS)? Seriously, I fee like they think we are literally, too stupid to insult.
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You're not.
Wise up a little more and move on. They will replace us with Mongkok Taxi drivers if they could.
Don't give them a penny, start sorting a new position outside China, and wait for them to pay you the 3 months notice period.
Take them for their money. Swire isn't your friend.
Wise up a little more and move on. They will replace us with Mongkok Taxi drivers if they could.
Don't give them a penny, start sorting a new position outside China, and wait for them to pay you the 3 months notice period.
Take them for their money. Swire isn't your friend.
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Thread Starter
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Well HKA has already trimmed their staff to the bare minimum.
Most pilots took voluntary NPL.
And they are paid nowhere near A or B scalers at CX.
.....who knows? Until the next cash injection from CDB I would say......
Most pilots took voluntary NPL.
And they are paid nowhere near A or B scalers at CX.
.....who knows? Until the next cash injection from CDB I would say......
I don't refute your sentiment. However, just tell me how many people in CX are paid A scale. I'll give you a hint; less than one. B scale surpassed the frozen [and up tp 33% reduced] A- scale a decade ago.... Full A-scale stopped last century.
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Y
Well, you’re missing the point if you’re using A scale pay as a reference and saying that B is 33% less
that’s 33% off a pay scale that’s extremely generous by industry standards.
With the current pandemic , less than 10% of passenger flights are still operating.
The larger the fleet and crew numbers , the higher cost in terms of lease and salaries.
Bleeding cash by the day.
The bigger the fleet the more the costs
HKA is still paying salaries and annual bonus up till April.
The pilots are doing their part in this crisis.
The questions is what are the guys across the tarmac doing ?
Besides whining about the company here.
that’s 33% off a pay scale that’s extremely generous by industry standards.
With the current pandemic , less than 10% of passenger flights are still operating.
The larger the fleet and crew numbers , the higher cost in terms of lease and salaries.
Bleeding cash by the day.
The bigger the fleet the more the costs
HKA is still paying salaries and annual bonus up till April.
The pilots are doing their part in this crisis.
The questions is what are the guys across the tarmac doing ?
Besides whining about the company here.
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With the benefit of too many years of hindsight, it still needs reminding that in fact the "A" scalers of CX provided the foundation of its reputation and dominance. It's too easy to forget that many such pilots upgraded to Captain only 3-4 years into their careers at CX. Most in their early to mid 30's, but with many hours of civilian or military flying. CX knew they could entrust the safety of their airline to such people, and allow it to expand quickly to dominate the HK aviation scene, and rake in billions of profits along the way. I suggest everyone ponder the reality of the average new hire now upgrading to Captain in 3 years....