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Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat

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.

Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat

Old 21st Oct 2020, 02:42
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Ab Fab you've just upset an Economist magazine headline writer by stealing his idea... Very good.

At least it is out there now, nothing is worse than the wait. Best of luck guys.
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Old 21st Oct 2020, 03:02
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Originally Posted by anxiao View Post
Ab Fab you've just upset an Economist magazine headline writer by stealing his idea... Very good.

At least it is out there now, nothing is worse than the wait. Best of luck guys.
HIS IDEA???
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Old 21st Oct 2020, 07:33
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Originally Posted by cxorcist View Post
Well, if everyone stays, then redundancies are inevitable. CX definitely will not need 3800 pilots for quite some time. So everyone stays and gets the minimum payout from PoS18? Nice, time for wifey to get a job! Maybe the kids too, which works out since schools won’t be affordable. Helper goes home to Manila, and her family starves to death. Thank you China!
Nothing makes me happier than hearing how miserable you are. You deserve every bit of it. POES!
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Old 21st Oct 2020, 07:55
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Well boys it’s been real. Sad to see our company go under. On the other hand, I’m happy we weren’t forced through the whole COS18 saga AND redundancies later on anyway.

It is what it is. Collect the pay check, pack up things and go. It was good while it lasted.

All the best to you guys in CX!
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Old 21st Oct 2020, 08:58
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Classy sign off drfaust. Good luck and best wishes
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Old 21st Oct 2020, 09:08
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AbFab sorry pardon, that did not come out quite as I expected. I meant that he will not be able to use the Merlin meme now as you got it out first.
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Old 21st Oct 2020, 09:39
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Originally Posted by doolay View Post
Are the redundancies following LIFO?
Do we know what will happen to based pilots in Aus & London after dec 31st?

My sympathies to all the Dragon staff, good luck to you all.
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Old 21st Oct 2020, 10:10
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Originally Posted by cxorcist View Post
So 500+ more pilots for CX to offer the sign or be fired PoS18 to... Lovely! Can’t wait for the morale to hit rock bottom. You think working at CX/KA sucked before, just wait for this... JCP/JCR squeezing every last penny out of a horrible contract. How many will leave? How many will stay under absolutely miserable conditions in the new CCP’s Hong Kong? 🤮 🤮 🤮
Mate. We knew HK was doomed when the chicomms took over. It’s lasted longer than I thought possible anyway. Hope everyone saved up since the writing was on the wall. Time to exit stage left and reintegrate in the non commie world.
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Old 21st Oct 2020, 11:21
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Originally Posted by BASHLH View Post
Do we know what will happen to based pilots in Aus & London after dec 31st?

My sympathies to all the Dragon staff, good luck to you all.

Well according the LIFO they will be fine. Bases especially Oz still cheaper than COS18.
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Old 21st Oct 2020, 11:45
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Originally Posted by BASHLH View Post
Do we know what will happen to based pilots in Aus & London after dec 31st?

My sympathies to all the Dragon staff, good luck to you all.
There is a growing feeling come Q2 2021 those bases (don't forget FRA, USA & Canada we have a lot of pilots there too!) will be downsized and or closed and the pilots returned to hkg on the new Cos18. Unless of course they do a deal to significantly lower their remuneration. Having said that they have been quite a bit cheaper than their Hong Kong Colleagues especially over the last few months so who knows! One things for certain this isn't over!!
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Old 21st Oct 2020, 12:56
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If the bases aren’t affected by this, then it would be one hell of a task to re-validate all who’d not been flying for a long time.
That’s 4hrs SIM each (minimum), ALC, AEP, etc. etc.
I add my sympathy to those who lost, or about to loose their jobs, and wish you the best of luck for the future.
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Old 21st Oct 2020, 14:41
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Do any of you really think this is the end of the restructuring?? Losing 100-200 SO’s is nothing. This is just the beginning. Once everyone is on COS18 there are no LIFO redundancies. They will pick us off one by one and nothing you can do it about it. Good luck to us all.
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Old 21st Oct 2020, 17:13
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Bokpiel,

You really are a c*nt.
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Old 21st Oct 2020, 17:44
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A sad day for all my former colleagues. As usual, the weak get it in the teeth and the rest carry on .

easier to completely close one airline down than managers try to negotiate the complexities of the 3 airline integration.

I wonder if the ka DFO and GMA ( PH and JT) have received their well deserved marching orders? One can only hope but I would assume they are far too important to sent home ( sarcastic smile on my face)

CX may receive a pay cut , or equivalent, but they ain't fired a single line pilot. And lots of China flying coming your way. Don’t miss that toxic hell hole.

On a brighter note, will letters be sent out to redundant ka pilots, offering them a new opportunity and future to fly the ( former ka) A320s for HKE? I wouldn’t put it past the swires to glory in the mire, and to have planned this . Oh well, I left a few years ago, and was glad hk was behind me . Was good fun, but we all must move on . Ka rip. Tragic .
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Old 21st Oct 2020, 18:02
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Originally Posted by Vermin View Post
A sad day for all my former colleagues. As usual, the weak get it in the teeth and the rest carry on .

easier to completely close one airline down than managers try to negotiate the complexities of the 3 airline integration.

I wonder if the ka DFO and GMA ( PH and JT) have received their well deserved marching orders? One can only hope but I would assume they are far too important to sent home ( sarcastic smile on my face)

CX may receive a pay cut , or equivalent, but they ain't fired a single line pilot. And lots of China flying coming your way. Don’t miss that toxic hell hole.

On a brighter note, will letters be sent out to redundant ka pilots, offering them a new opportunity and future to fly the ( former ka) A320s for HKE? I wouldn’t put it past the swires to glory in the mire, and to have planned this . Oh well, I left a few years ago, and was glad hk was behind me . Was good fun, but we all must move on . Ka rip. Tragic .
If you don't count the 200 plus second officers as line pilots (who got their marching orders) then yeah your right no one got the boot....
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Old 21st Oct 2020, 23:52
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Best to be somewhere in the middle at the moment, not too senior and costing too much, nor to junior and disposable. S/Os are an easy target as they are only needed on long haul flights which will be the last to recover, they can be replaced by a F/O in the meantime and only need a quick P2X rating when the market picks up again.

If other airlines are an indication, expect significantly lower T&Cs on a "take it or leave it" basis. I'm currently on 45% of my previous income, have lost my fixed pattern roster, will be getting no pay leave each month starting next year and now get no extra for working an OFF day. However I consider myself lucky to still have a job and not be looking at a career change in my mid 50s.

Hopefully we can hang on and in 2 - 3 years time our conditions will improve.
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Old 21st Oct 2020, 23:59
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It's a thing

Ya'll remember the US BILLIONS these clowns flushed down the toilet re Fuel Hedging ?
Only 6 years ago, as the dollars re the above were still flying out the window, the geniuses on the 9th floor were pumping MILLIONS into an absolute "must do" rebranding effort like it was the most important thing in the world... I can't begin to justly articulate what I think of these morons !!

CX Boardroom - a row of fools on a row of stools 🤡
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Old 22nd Oct 2020, 00:53
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Best case scenario is a return to 50% of the schedule sometime in 2021. My guess is sadly another 1000-1500 to go. But it will be open season as LIFO is now permanently gone. No one will be safe. We are all just targets now.
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Old 22nd Oct 2020, 01:21
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What happened yesterday to Dragonair ( to give it it's proper title ) was appalling. In the past I have chastised it's pilots and union but no one deserved what was done yesterday and a good airline was simply "snuffed out". Good luck to all at KA.
For the rest in CX the DFO's letter says it all and gives away the furture plans. COS18 was always going to be the contract for all CX pilots by hook or by crook and Covid provided the perfect opportunity and CX took it. Without LIFO the company can introduce the next cuts as early as 1st Jan 2021. That will be the retirement of the 777 fleet and redundancy of all 777 pilots. No LIFO protection anymore. As you become more familiar with your new contract you will every area has been eroded. Medical, leave, sickness, retirement, pension, housing , education, promotion, C&T allowances and of course salary. Ask yourself "if I were starting out and looking at CX as a furure employer would I sign up to this COS18". Answer NO. But in the next 2 weeks everyone will. Hobsons Choice.
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Old 22nd Oct 2020, 06:12
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Originally Posted by Angel 8 View Post
If the bases aren’t affected by this, then it would be one hell of a task to re-validate all who’d not been flying for a long time.
That’s 4hrs SIM each (minimum), ALC, AEP, etc. etc.
I add my sympathy to those who lost, or about to loose their jobs, and wish you the best of luck for the future.
So? We are well setup to easily re-validate Pilots from anywhere with plenty of trainers and Sims available......it’s not a new event and has been done many times as per the training manual. Besides a lot of HK based Pilots are not current either...
Not as hard as you think. Sorry to disappoint but you haven’t gotten rid of all the pesky senior to you Pilots just yet...........
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