Over 60s Package Rumour
Thread Starter
Join Date: Sep 2002
Location: Hong Kong
Posts: 101
Likes: 0
Received 0 Likes
on
0 Posts
Over 60s Package Rumour
Anyone heard about a possibly imminent announcement on a package to encourage over 60s to go?
Specifically any ideas on WHEN it might be announced?
I am KA and have 3.5 months UPL starting 1 August, but I would delay my flight from HK to finalize my situation here as then would not need to come back and isolate in order to pack up my affairs.
Standing by for incoming....
Specifically any ideas on WHEN it might be announced?
I am KA and have 3.5 months UPL starting 1 August, but I would delay my flight from HK to finalize my situation here as then would not need to come back and isolate in order to pack up my affairs.
Standing by for incoming....
Join Date: Aug 2008
Location: Polar Route
Posts: 5
Likes: 0
Received 0 Likes
on
0 Posts
Anyone heard about a possibly imminent announcement on a package to encourage over 60s to go?
Specifically any ideas on WHEN it might be announced?
I am KA and have 3.5 months UPL starting 1 August, but I would delay my flight from HK to finalize my situation here as then would not need to come back and isolate in order to pack up my affairs.
Standing by for incoming....
Specifically any ideas on WHEN it might be announced?
I am KA and have 3.5 months UPL starting 1 August, but I would delay my flight from HK to finalize my situation here as then would not need to come back and isolate in order to pack up my affairs.
Standing by for incoming....
of licence provisions several years ago, reducing at age 58 to zero at age 60 doesn’t bode well, and shows where their thinking lies. It will, I suspect, be desultory at best.
Join Date: Jul 2020
Location: Hong Kong
Posts: 66
Likes: 0
Received 0 Likes
on
0 Posts
Anyone heard about a possibly imminent announcement on a package to encourage over 60s to go?
Specifically any ideas on WHEN it might be announced?
I am KA and have 3.5 months UPL starting 1 August, but I would delay my flight from HK to finalize my situation here as then would not need to come back and isolate in order to pack up my affairs.
Standing by for incoming....
Specifically any ideas on WHEN it might be announced?
I am KA and have 3.5 months UPL starting 1 August, but I would delay my flight from HK to finalize my situation here as then would not need to come back and isolate in order to pack up my affairs.
Standing by for incoming....
Join Date: Mar 2000
Location: the land of chocolate
Posts: 434
Likes: 0
Received 0 Likes
on
0 Posts
I remember A scalers, some would carry a little picture book with them in their flight bag, displaying all the toys they had; sports cars, aeroplanes etc. (this was before smartphones) They would whip it out at any opportune moment.
All very fascinating to a B scaler(, and now it makes me wonder if the B scalers are doing it to the LEP's? )
When I think of them, I don't get the feeling they were not fairly renumerated....
All very fascinating to a B scaler(, and now it makes me wonder if the B scalers are doing it to the LEP's? )
When I think of them, I don't get the feeling they were not fairly renumerated....
Join Date: Nov 2015
Location: HK-CRoC
Posts: 749
Likes: 0
Received 0 Likes
on
0 Posts
And Now
I remember A scalers, some would carry a little picture book with them in their flight bag, displaying all the toys they had; sports cars, aeroplanes etc. (this was before smartphones) They would whip it out at any opportune moment.
All very fascinating to a B scaler(, and now it makes me wonder if the B scalers are doing it to the LEP's? )
When I think of them, I don't get the feeling they were not fairly renumerated....
All very fascinating to a B scaler(, and now it makes me wonder if the B scalers are doing it to the LEP's? )
When I think of them, I don't get the feeling they were not fairly renumerated....
The sad part, 25 years and not even 1 serious offer from CX or resolution/vote from the AOA; simply and credulously meandering towards career and industry self oblivion... Enjoy.
Thread Starter
Join Date: Sep 2002
Location: Hong Kong
Posts: 101
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Apr 2019
Location: Asia
Posts: 120
Likes: 0
Received 0 Likes
on
0 Posts
So that would be everyone 7 yrs to retirement, so aged 48 and up if you're COS99. I have it on good authority most on COS99 are itching to go at 55 anyway if not before......
Join Date: Aug 2007
Location: All over
Posts: 183
Likes: 0
Received 0 Likes
on
0 Posts
I would be very surprised if they limit it to 58 and above, the biggest cost saving is going to come from encouraging expensive crew to leave, many in their late 40’s early 50’s that joined in their 20’s would be happy to go... obviously provided the package offered is reasonable.
Join Date: Jul 2020
Location: Hong Kong
Posts: 66
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Nov 2015
Location: HK-CRoC
Posts: 749
Likes: 0
Received 0 Likes
on
0 Posts
Surprise ?
I would be very surprised if they limit it to 58 and above, the biggest cost saving is going to come from encouraging expensive crew to leave, many in their late 40’s early 50’s that joined in their 20’s would be happy to go... obviously provided the package offered is reasonable.
Join Date: Oct 2007
Location: FL340
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
D.B. er: I would travel if I was you, as any announcement is not due until the earliest September, even then, the notice is six months. So unfortunately you have to get back.
Any VR package announced must not specify age, so likely to be called “Early Retirement Package”. The days of golden handshakes have well and truly gone.
Reading those posts and other threads where people are expressing opinions of what might CXKA do, reminds me of a great saying by the greatest Clint Eastwood... “Opinions are like ass*oles, every one has one“
Stay well everybody, tomorrow will be bright.
Any VR package announced must not specify age, so likely to be called “Early Retirement Package”. The days of golden handshakes have well and truly gone.
Reading those posts and other threads where people are expressing opinions of what might CXKA do, reminds me of a great saying by the greatest Clint Eastwood... “Opinions are like ass*oles, every one has one“
Stay well everybody, tomorrow will be bright.
Unless LoL has changed in the last two years, it goes to age 65.
Yes. Some confusion. The schedule Contained in CX Flight Crew loss of licence information states loss of licence to age 65.
Veta Cos 08 states the diminishing amount from age 58 to 60 etc. As does the AOA info.
I seem to recall it was one of the changes brought about under AT’s tenure. Needs clarification though.
That said probably rendered somewhat moot if they are insolvent and can’t pay it !!
Veta Cos 08 states the diminishing amount from age 58 to 60 etc. As does the AOA info.
I seem to recall it was one of the changes brought about under AT’s tenure. Needs clarification though.
That said probably rendered somewhat moot if they are insolvent and can’t pay it !!
As a recipient, I can confirm it is (was?) to age 65, ie; 63 diminishing toward 65. The amendment was part of a pay award way back, 2015. However the company 'forgot' to include it, as promised, in the CoS08 wording. It is (was) however, actioned as I and several others have proven.
As a recipient, I can confirm it is (was?) to age 65, ie; 63 diminishing toward 65. The amendment was part of a pay award way back, 2015. However the company 'forgot' to include it, as promised, in the CoS08 wording. It is (was) however, actioned as I and several others have proven.