Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat
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Like any Chinese airline are going to take a hk licensed pilot. The Cx group is not looked upon favourably in the mainland. All those demonstrations tarred everyone with the same brush.
Any new airline in the bay will be absorbed into Shenzen Airlines if successful.
Any new airline in the bay will be absorbed into Shenzen Airlines if successful.
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Experienced Expat Captains will admit to making mistakes, everyone does. Problem is the "licence holders" the company has been recruiting under POS18 aren't up to the task of balancing this out.
More than one case.
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Last edited by fly1981; 7th Nov 2020 at 10:12.
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Curious, if things are going to pick up in a year or two, why would there be a 2 yr transitional contract hoping to retain those previously on more expensive contracts. If the company wanted to get rid of more people now, shouldn't they reduce the term to 1 yr transition or a more lucrative retirement package? Isn't a given some of them who are near to retirement would exit after 2 years of decent housing and schooling?
Join Date: Oct 2018
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The real question is why did the company offer the ERS (Early retirement scheme) if they were gonna introduce COS18 for everyone and then remove LIFO? Makes you wonder if anyone at the top has any clue about what's going on!
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The ERS was to allow a few select (and informed...) individuals to cash out the best they could prior to Armageddon. What surprises me is how few took advantage of it, with all likelihood of the axe falling (as it did) shortly thereafter...?
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Join Date: Jun 2005
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ERS was not a saving job exercise but a saving money trick.
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Join Date: Apr 2019
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I watched it on the Cantonese channel and maybe the commentary changed the flavour.
Interesting that Tang said they’ll be recruiting pilots-rather leads one to assume the whole thing was a fit up. Personally found him odd and rather soulless individual on the rare occasion I ran into him.
Interesting that Tang said they’ll be recruiting pilots-rather leads one to assume the whole thing was a fit up. Personally found him odd and rather soulless individual on the rare occasion I ran into him.
that was well planned for KA. I believe all those who took ERS got less money than they would have had with the redundancy package
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I don't think your significantly more would be right: I ended up with slightly above 12 months basic on redundancy which was the maximum amount of the ERS package if you were at the right age.
And I got paid in October when if I remember well last salary was September for ERS. Not sure about the tax, Around half of my package is taxable.
That's just a detail in the big picture, what we got wasn't much after the time spent working for the airline but as they said it's the best they can do.
And I got paid in October when if I remember well last salary was September for ERS. Not sure about the tax, Around half of my package is taxable.
That's just a detail in the big picture, what we got wasn't much after the time spent working for the airline but as they said it's the best they can do.
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https://www.scmp.com/news/hong-kong/...busiest-cities
Well my spidey sense tells me there are more jobs cuts on the horizon, despite what the conniving muppets said last week.
With the axing of so many long haul flights, many SOs and DEFOs will find themselves in check mate.
Trust me, I’m a pilot
Well my spidey sense tells me there are more jobs cuts on the horizon, despite what the conniving muppets said last week.
With the axing of so many long haul flights, many SOs and DEFOs will find themselves in check mate.
Trust me, I’m a pilot
Join Date: Oct 2018
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Not sure where you have been but LIFO has gone, if I were you I would perhaps stop gloating and start hoping! We are all now equally in danger of losing the shirts off our backs, perhaps more those who have been known to stir the pot upon occasion or find themselves unfortunate enough to be on the wrong fleet! If any good comes out of this new contract perhaps it will finally be that we can all stand together in support of one another instead of all this B Scale, C Scale, Expat and Local crap. At the end of the day we are all just people trying to earn a living and support ourselves and families.
All of us could find ourselves in checkmate.
All of us could find ourselves in checkmate.
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I was thinking the same thing re unity. Of course they foresaw that and now have cos21 to play off against cos18 within the group.
Its like watching a very devious version of house of cards. I am now officially “retired” being old enough not to be held hostage by a bunch of cold blooded reptiles.
I won’t be sticking my oar in anymore. I wish you all good luck altho I have nothing good to say about the entity that CX has become.
Its like watching a very devious version of house of cards. I am now officially “retired” being old enough not to be held hostage by a bunch of cold blooded reptiles.
I won’t be sticking my oar in anymore. I wish you all good luck altho I have nothing good to say about the entity that CX has become.
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With 99% begrudgingly moving to COS18 there is nothing stopping the higher ups awarding us the grand opportunity of COS21. Come the mid year flying forecast it'll be our only future.
I don't believe there was any legitimate reason to present such a contract other than greed. Especially when you are almost halving the base wage in a company with minimal medical coverage, no education allowance and bonding of position.
I don't believe there was any legitimate reason to present such a contract other than greed. Especially when you are almost halving the base wage in a company with minimal medical coverage, no education allowance and bonding of position.