Go Back  PPRuNe Forums > PPRuNe Worldwide > Fragrant Harbour
Reload this Page >

CX requires a complete cleansing...

Wikiposts
Search
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.

CX requires a complete cleansing...

Thread Tools
 
Search this Thread
 
Old 8th Apr 2020, 09:25
  #21 (permalink)  
 
Join Date: Apr 2019
Location: Hong Kong
Posts: 122
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Freehills
Could all be moot unless Swire have got enough guanxi to get a major loan to keep CX afloat from the govt (like AF) Most likely this will come with massive strings attached, like handing control to Air China/ Beijing.
That might not be too bad. The KA crews did ok when they were owned mostly by the PRC
AllWobbly is offline  
Old 8th Apr 2020, 10:21
  #22 (permalink)  
 
Join Date: May 2019
Location: Aust
Posts: 399
Received 30 Likes on 14 Posts
Originally Posted by Piet Lood
Ask me what happens when they do “whimper” and try to make a difference.
I doubt you can tell us what happens because it was never put to the test.
But by all means tell us what you think would happen.
deja vu is offline  
Old 8th Apr 2020, 10:33
  #23 (permalink)  
 
Join Date: Apr 2002
Location: HK
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by AllWobbly
That might not be too bad. The KA crews did ok when they were owned mostly by the PRC

good point, and the Chinese carriers paid well to expats
Freehills is offline  
Old 8th Apr 2020, 10:47
  #24 (permalink)  
 
Join Date: May 2019
Location: Aust
Posts: 399
Received 30 Likes on 14 Posts
Originally Posted by AllWobbly
That might not be too bad. The KA crews did ok when they were owned mostly by the PRC
Wishful thinking I fear. KA crews established their lot well before any PRC involvement, coincidently it has deteriorated gradually from then.
deja vu is offline  
Old 8th Apr 2020, 10:52
  #25 (permalink)  
 
Join Date: Oct 2007
Location: FL340
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
The only point I agree with the Thread Starter is regarding the Jepp Rostering system.
The rest was unwarranted attack on a hypothetical Character ignoring the fact that it always takes two to Tango.
Putting a blame on one gender is sexist at best.
You also have to live with the fact that this company is part of a larger empire, and the puppet masters have the right to choose.
No matter who the CEO is, it is a fact that major decisions come from higher authorities.
Directors are just that “To direct”.
Swire, right or wrong, have managed to survive for decades.
They are also waiting for the “Who’s going to blink first” scenario along with other major airlines.

Last edited by FlyingNun; 8th Apr 2020 at 11:21. Reason: misspell
FlyingNun is offline  
Old 8th Apr 2020, 11:02
  #26 (permalink)  
 
Join Date: Feb 2004
Location: HK
Posts: 83
Likes: 0
Received 0 Likes on 0 Posts
"Putting a blame on one gender is racist at best."

Que??
cabbages is offline  
Old 8th Apr 2020, 11:05
  #27 (permalink)  
 
Join Date: Feb 2005
Location: Vermont
Posts: 83
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by deja vu
I doubt you can tell us what happens because it was never put to the test.
But by all means tell us what you think would happen.
They’d be ex-employees. Ask me how I know.
Piet Lood is offline  
Old 8th Apr 2020, 11:19
  #28 (permalink)  
 
Join Date: Oct 2007
Location: FL340
Posts: 51
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by cabbages
"Putting a blame on one gender is racist at best."

Que??
Sorry I meant sexist
FlyingNun is offline  
Old 8th Apr 2020, 11:52
  #29 (permalink)  
 
Join Date: Nov 2011
Location: Here
Posts: 343
Likes: 0
Received 0 Likes on 0 Posts
Are you sure?
Threethirty is offline  
Old 8th Apr 2020, 12:20
  #30 (permalink)  
 
Join Date: Aug 2006
Location: The Cesspit
Posts: 400
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by FlyingNun
The only point I agree with the Thread Starter is regarding the Jepp Rostering system.
The rest was unwarranted attack on a hypothetical Character ignoring the fact that it always takes two to Tango.
Putting a blame on one gender is sexist at best.
You also have to live with the fact that this company is part of a larger empire, and the puppet masters have the right to choose.
No matter who the CEO is, it is a fact that major decisions come from higher authorities.
Directors are just that “To direct”.
Swire, right or wrong, have managed to survive for decades.
They are also waiting for the “Who’s going to blink first” scenario along with other major airlines.
Swire is a minority shareholder.

Name one other airline where the major decisions are made by the board of a minority shareholder rather than by the airline’s board?
Progress Wanchai is offline  
Old 8th Apr 2020, 12:56
  #31 (permalink)  
 
Join Date: Jul 2018
Location: All over
Posts: 267
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Progress Wanchai
Swire is a minority shareholder.

Name one other airline where the major decisions are made by the board of a minority shareholder rather than by the airline’s board?
Not to quibble, but I think this a bit misleading.

From what I understand Swire Pacific owns 45%, Air China 30% and Qatar 10%. Effectively making the airline a sort of partnership where SP has the overriding majority. So SP has the overall hammer with AC having a significant potential voice in the matter and Qatar getting a token opinion.
Slasher1 is offline  
Old 8th Apr 2020, 13:05
  #32 (permalink)  
 
Join Date: Aug 2006
Location: The Cesspit
Posts: 400
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Slasher1
Not to quibble, but I think this a bit misleading.

From what I understand Swire Pacific owns 45%, Air China 30% and Qatar 10%. Effectively making the airline a sort of partnership where SP has the overriding majority. So SP has the overall hammer with AC having a significant potential voice in the matter and Qatar getting a token opinion.
There’s quibbling and then there’s being wrong.

By definition a minority shareholder is any shareholder that owns less than 51% of a company. Every single company on the planet has a largest shareholder. Yet it’s rare that the largest shareholder has management rights when they’re a minority shareholder.

My question still stands. Name one other airline that is run by the board of a minority shareholder. Particularly a minority shareholder that has numerous related interests.

A follow up question. When was the last time a decision made by the JSSHK management team at the airline was the subject of a conflict of interest review?

Last edited by Progress Wanchai; 8th Apr 2020 at 14:31.
Progress Wanchai is offline  
Old 8th Apr 2020, 17:17
  #33 (permalink)  
 
Join Date: Dec 2005
Location: Hong Kong
Posts: 382
Likes: 0
Received 0 Likes on 0 Posts
Everyone is tending to get bogged down in side issues , The initial thrust of Trafs brilliant thread is totally correct CX needs a spring clean .
There is a similarity between this and the Carrier captain that was recently fired for daring to care about his sailors . By drawing attention to the situation he embarrassed the high ups and had to pay . Well the navy secretary has now gone due to his Incompetent handling of this issue . So there is some justice elsewhere ,
But who at CX has been fired for the fuel hedging disaster ? Who decided that it was a good idea to alienate your workforce .?
Why Aren’t pilot managers held to the same rules as the rest of us ?
trafalgar is right Cx needs a clean sweep , employ someone who knows what they are doing , get the employees back on side and work for a well run company

Last edited by oriental flyer; 8th Apr 2020 at 17:34.
oriental flyer is offline  
Old 9th Apr 2020, 02:23
  #34 (permalink)  
 
Join Date: Jun 2003
Location: Hong Kong
Posts: 47
Likes: 0
Received 0 Likes on 0 Posts
Angel

Originally Posted by Progress Wanchai
There’s quibbling and then there’s being wrong.

By definition a minority shareholder is any shareholder that owns less than 51% of a company. Every single company on the planet has a largest shareholder. Yet it’s rare that the largest shareholder has management rights when they’re a minority shareholder.

My question still stands. Name one other airline that is run by the board of a minority shareholder. Particularly a minority shareholder that has numerous related interests.

A follow up question. When was the last time a decision made by the JSSHK management team at the airline was the subject of a conflict of interest review?
There's quibbling and then there's being wrong indeed.

Because of grandfathered B shares voting rights, Swire, the controlling shareholder has 29% of the equity but 52.2% voting control.
Absolutely Fabulous is offline  
Old 9th Apr 2020, 03:27
  #35 (permalink)  
 
Join Date: Mar 2014
Location: Hong Kong
Posts: 20
Likes: 0
Received 0 Likes on 0 Posts
https://www.fool.hk/en/2020/04/07/sw...buying-shares/
never ready is offline  
Old 9th Apr 2020, 14:24
  #36 (permalink)  
 
Join Date: Nov 2015
Location: HK-CRoC
Posts: 749
Likes: 0
Received 0 Likes on 0 Posts
Changes, "a clean sweep" will NEVER occur... It's in the companies DNA ! So much so that Swires, being unable to source automatons closely aligned to their "management style", set up their own management training program in HK. This outlet continues to belch Swire management glad handers spewing pre programmed Swire propaganda with the built in "yes" response..

This "downturn" is NOT going to end, travel wise, for years.. I can't see anyone in the West being attracted to a China vacation for the next decade.. Be nimble
Flex88 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.