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When are the layoffs starting?

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.

When are the layoffs starting?

Old 23rd Mar 2020, 17:01
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Originally Posted by Oasis
Emirates is putting pilots on half pay and shutting down ops soon.

whats the plan cx..

we just sold a few airplanes and leasing back which will keep on the lights for a while, but let’s conserve cash ffs.

Do the math, there is no need for this if you understand the company’s plans. If your in the company then you know what their plan is ... if you read the public filings then you know how much cash is on hand. Then add the current cargo rates.
Youd be surprised if you run the figures.

The key is to look not at group numbers but individual airlines.

Oasis, the other thing which I keep circling back to is cash-flow. Yes they have a pile of cash as per the filings, but look at what revenues they have, as long as the cash flow is remotely close to what is was then you can stretch things out for quite sometime.

Last edited by Natca; 24th Mar 2020 at 01:40.
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Old 23rd Mar 2020, 17:22
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Natca. I'm very sorry, but before you hit "send" on your post, filter through a spell/grammar check. Really embarrassing. Seriously.
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Old 23rd Mar 2020, 19:33
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CX is really gambling by keeping all these guys at the bottom of the list onboard. Sure, they are a lot cheaper than all the CNs and experienced FOs, but they aren’t free. CX is betting on a strong return in traffic by summer. Otherwise, what the heck are they doing? Sure, you lose a few DEFOs and quite a few SOs off the 747. So what?!?! Get some of those 777 guys on the 747 short course and get on with it...
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Old 24th Mar 2020, 01:07
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Originally Posted by mngmt mole
Natca. I'm very sorry, but before you hit "send" on your post, filter through a spell/grammar check. Really embarrassing. Seriously.
True, posting from the WC in LKF has its own merit. Trying to enjoy before its gone.
Edited just for you mate.
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Old 24th Mar 2020, 01:41
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Relieved....thank you
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Old 24th Mar 2020, 05:55
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Originally Posted by Natca
True, posting from the WC in LKF has its own merit. Trying to enjoy before its gone.
Edited just for you mate.
You might want to check that post again. It's the difference between knowing you're **** and knowing your ****.
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Old 24th Mar 2020, 07:30
  #47 (permalink)  
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Originally Posted by 8driver
Really? You are part of the problem.

​​​​​​https://thefederalist.com/2020/03/19...sWVriOOtgCGh8g
So what in particular do you want to talk about? That's a long ass article from some lady I've never heard of with graphs her husband made.
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Old 24th Mar 2020, 08:05
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Originally Posted by katana
You might want to check that post again. It's the difference between knowing you're **** and knowing your ****.
Nono i meant that, it was a good ****.
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Old 24th Mar 2020, 11:55
  #49 (permalink)  
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Originally Posted by cxorcist
CX is really gambling by keeping all these guys at the bottom of the list onboard. Sure, they are a lot cheaper than all the CNs and experienced FOs, but they aren’t free. CX is betting on a strong return in traffic by summer. Otherwise, what the heck are they doing? Sure, you lose a few DEFOs and quite a few SOs off the 747. So what?!?! Get some of those 777 guys on the 747 short course and get on with it...
had the same feeling... thing is if there's no rebound this summer holiday especially now that the olympics looks like it's not happening, we have basically bleed out for months for no reason while others are preserving the cash...

And sources from the finance/banking industry is that, no one is lending any airlines money these days, and banks have been refusing mortgages for travel industry employee as they deemed too risky.....
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Old 25th Mar 2020, 01:46
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Originally Posted by katana
You might want to check that post again. It's the difference between knowing you're **** and knowing your ****.

During my morning squat, I did notice KA9401 doing base training in MFM today... obviously not a financially distressed environment.

Last edited by Natca; 25th Mar 2020 at 02:27.
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Old 25th Mar 2020, 03:03
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Originally Posted by Natca
During my morning squat, I did notice KA9401 doing base training in MFM today... obviously not a financially distressed environment.
Quite unbelievable to see that during these dire times when all departments are meant to be cutting down on costs to the bare extreme that they are still unnecessarily inducting new SOs and doing FO upgrades including expensive base training while the rest of us take a big financial hit.
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Old 25th Mar 2020, 12:49
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Please forgive me if I have misunderstood something fundamental here, but...
I'm curious whether CX/KA has access to enough sim capacity (or indeed whether there is enough sim capacity in the world) to avoid pilots losing their currency if this goes on for, say, 6 months?
Aren't we destined for a world when normality eventually resumes where flights will be severely limited by not having enough pilots qualified to fly?
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Old 25th Mar 2020, 13:22
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You have it right Paul. The loss of recency and with expiring IR/PCs by the day the backlog builds up very quickly. In three months half your pilots no longer have a valid licence, and need four hours simulator time to renew. (The time can be reduced by agreement with CAD, which would be forthcoming under the circumstances.)

That is why when the airline gets back to flying it will be a slow ramp up process, not "everybody back on line, yoo hoo!" I don't know how many A350 and 777 sims CX has now but at 6 sessions a day per unit it will take months to get everyone current again.


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Old 25th Mar 2020, 14:33
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Originally Posted by Paul852
Please forgive me if I have misunderstood something fundamental here, but...
I'm curious whether CX/KA has access to enough sim capacity (or indeed whether there is enough sim capacity in the world) to avoid pilots losing their currency if this goes on for, say, 6 months?
Aren't we destined for a world when normality eventually resumes where flights will be severely limited by not having enough pilots qualified to fly?
Paul. Are there no other non pilot forums to lurk on and practice vicarious **** there ?
Just curious.
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Old 25th Mar 2020, 15:03
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There is no doubt in my mind that any increase to the passenger schedule will be very gradual, both in terms of travel demand and the airlines’ abilities to supply capacity.

Therefore, the last several posts are moot.
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Old 25th Mar 2020, 20:35
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I feel suitably mooted. It feels better than being ignored anyway. ;-)

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Old 25th Mar 2020, 21:07
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Originally Posted by Paul852
Please forgive me if I have misunderstood something fundamental here, but...
I'm curious whether CX/KA has access to enough sim capacity (or indeed whether there is enough sim capacity in the world) to avoid pilots losing their currency if this goes on for, say, 6 months?
Aren't we destined for a world when normality eventually resumes where flights will be severely limited by not having enough pilots qualified to fly?
What sane world would do this to themselves for six months? At that point I'm pretty sure even a fencepost would see the cure was worse than the disease. There is going to come a point where we have to access what is doing more harm. COVID-19 or the massive destruction of the economy, business, employment, etc.
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