No need for concessions
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https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3088130/trading-cathay-pacific-hal
there you go( if scmp is to be believed)
there you go( if scmp is to be believed)
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It’s a big, public loan that comes with board oversight. On its face, no big deal. What I’m wondering is how involved the Mainland ChiComs are in this move... They own 30% of CX and, well, 100% of Carrie Lam!
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What BS......you’d like that wouldn’t you!!
Bases are the cheapest Pilots in Cx bar none. A country mile cheaper....and they will take a 25% pay cut this year alone on top of their already 30% cheaper salaries....
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Wrong....still cheaper than Cos18......
Top increment year 17 SCN pay in Aus is still around $500,000 HKD less than HKG SCN on Cos18..
Plus based Pilots get no expat allowances at all, zip nada zilch.
Their basic wage is still cheaper than HK at current exchange rates, by a country mile, then throw in the $360,000 yr housing cash and possible up to $180,000 yr education ( up to 3 kids ) and maybe ( if you’re lucky ) 13th month........
Top increment year 17 SCN pay in Aus is still around $500,000 HKD less than HKG SCN on Cos18..
Plus based Pilots get no expat allowances at all, zip nada zilch.
Their basic wage is still cheaper than HK at current exchange rates, by a country mile, then throw in the $360,000 yr housing cash and possible up to $180,000 yr education ( up to 3 kids ) and maybe ( if you’re lucky ) 13th month........
Last edited by ACMS; 9th Jun 2020 at 07:40.
Join Date: May 2012
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Wrong....still cheaper than Cos18......
Top increment year 17 SCN pay in Aus is still around $500,000 HKD less than HKG SCN on Cos18..
Plus based Pilots get no expat allowances at all, zip nada zilch.
Their basic wage is still cheaper than HK at current exchange rates, by a country mile, then throw in the $360,000 yr housing cash and possible up to $180,000 yr education ( up to 3 kids ) and maybe ( if you’re lucky ) 13th month........
Top increment year 17 SCN pay in Aus is still around $500,000 HKD less than HKG SCN on Cos18..
Plus based Pilots get no expat allowances at all, zip nada zilch.
Their basic wage is still cheaper than HK at current exchange rates, by a country mile, then throw in the $360,000 yr housing cash and possible up to $180,000 yr education ( up to 3 kids ) and maybe ( if you’re lucky ) 13th month........
SCN decrement
Join Date: Aug 2006
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Wrong....still cheaper than Cos18......
Top increment year 17 SCN pay in Aus is still around $500,000 HKD less than HKG SCN on Cos18..
Plus based Pilots get no expat allowances at all, zip nada zilch.
Their basic wage is still cheaper than HK at current exchange rates, by a country mile, then throw in the $360,000 yr housing cash and possible up to $180,000 yr education ( up to 3 kids ) and maybe ( if you’re lucky ) 13th month........
Top increment year 17 SCN pay in Aus is still around $500,000 HKD less than HKG SCN on Cos18..
Plus based Pilots get no expat allowances at all, zip nada zilch.
Their basic wage is still cheaper than HK at current exchange rates, by a country mile, then throw in the $360,000 yr housing cash and possible up to $180,000 yr education ( up to 3 kids ) and maybe ( if you’re lucky ) 13th month........
Using your Australian based scenario, an Aus based FO on the top increment is on about 10% more than his COS18 equivalent, including housing. When just basic wage is taken into account the Hkg FO is on 65% of the Aus equivalent.
This will probably also mark the end to any kind of industrial action, regardless of group, the Government has specifically said they will 'speak out' when it involves 'public interest', so anything that would disrupt travel, that's it....
