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Let's get real....Job losses to come!

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.

Let's get real....Job losses to come!

Old 1st May 2020, 07:46
  #61 (permalink)  
 
Join Date: Dec 2004
Location: North America
Posts: 19
Originally Posted by Air Profit View Post
Flex. Easy with the hyperbole buddy. Yes, many are predicting the end of the world. To say that the situation will "never return" to what it was is probably a bit overdoing it. No doubt the rest of this year, and probably much of 21/22 will be a slow recovery. I think when things settle down you will find CX taking full advantage of their full advantage!. Many competitors gone, and a renewed desire to get on with life with most of our customers. No doubt there will be changes, but I can safely say at some point the markets will pass their high of early March. It has always been thus. This is not the Bubonic Plague. Tough times for sure, but this too shall pass.
Agree! But I do see a realignment of trade again as supply chains will be rethought. So travl to and from China could get interesting.
colts19 is offline  
Old 1st May 2020, 15:05
  #62 (permalink)  
 
Join Date: Jul 2018
Location: uk
Posts: 0
Originally Posted by rsb View Post
Seniority within fleet for upgrades so Iím sure that will be the case for lay offs too.....
The 747 and 777 are considered as one fleet "Boeing" so the DEFO's are first to go.
unitedabx is offline  
Old 7th May 2020, 02:18
  #63 (permalink)  
 
Join Date: Dec 2010
Location: Here ---> X
Posts: 440
Originally Posted by Howtosayit View Post
"This time is different!"
"The economy is gonna collapse !"

Grab yourself a history book fella.
This is not the end of the world, nor is this the worst.

The speed and magnitude of the monetary and fiscal policies have been unprecedented. Two weeks ago the credit market was in a turmoil. Not anymore. Things shall pass.
They will, but not before hundreds of us lose our jobs.

https://www.scmp.com/news/hong-kong/...hange-see-hong

Tough times, and my deep sentiments to those who will suffer. I am doing my best to get my loved ones ready, it helps a little that we've gone through this before.
Remember to look after your mental health and your family. Being jobless is tough, but worrying yourself into a crippling sickness is worse. Jobs come and go, plans change.

Good luck to all.

Last edited by Yonosoy Marinero; 7th May 2020 at 02:42.
Yonosoy Marinero is offline  

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