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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.

Death of Cathay

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Old 14th February 2021 | 07:29
  #81 (permalink)  
 
Joined: Jul 2013
Posts: 504
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From: one country, one system
It is always tempting to use racial stereotypes, just human nature I guess. Nevertheless it is almost always wrong.

In this case just compare vaccine rates on a global scale. You will find Asians don't fall behind other groups, quite the opposite actually.

As annoying the HK gov indeed is, resist the simple and intellectual limiting bias and look further.
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Old 14th February 2021 | 07:41
  #82 (permalink)  
 
Joined: Jul 2013
Posts: 504
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From: one country, one system
deja vu

Dying since 30 years😂
And combining Covid with the 49ers, hilarious.
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Old 14th February 2021 | 08:56
  #83 (permalink)  
15 Anniversary
 
Joined: Aug 2007
Aviation Qualifications: ATPL
Posts: 816
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From: Cyprus
Sam; Dying with all the "underlying" issues Cx has, surely, Covid will be the reason on the Death Certificate.
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Old 14th February 2021 | 09:57
  #84 (permalink)  
 
Joined: Jul 2013
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From: one country, one system
Cathay will recover, we won't.
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Old 14th February 2021 | 10:22
  #85 (permalink)  
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Joined: Feb 2006
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From: Bottom of the Harbour
Recover? Very loose definition if you ask me.

A cargo airline that’s 50% of its current size and a passenger airline 30% of its current size considered a recovery?

All hypothetical, but based on current numbers, that’s about the most likely recovery you can hope for over the next 2-3 years.
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Old 14th February 2021 | 15:47
  #86 (permalink)  
 
Joined: Apr 2009
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From: hong kong
With regard to the idea of recovery, I think the question that you’re all asking is, ‘will our incumbent Cathay managers ever make big bonuses again’? 🤔

I’d say that if international travel ever returns to anywhere near pre-Covid/Riots/Security Law/Mass Emigration/Asteroid Strike levels, then yes; the here today gone tomorrow, take your big bonus a waltz off over the horizon incumbents, can look forward to a very handsome recovery.

As for the many, many thousands of people they manage? Not so much.
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Old 14th February 2021 | 16:11
  #87 (permalink)  
 
Joined: Apr 2009
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From: hong kong
It's not just the pilots that have had their COS slashed, you know?
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Old 15th February 2021 | 04:03
  #88 (permalink)  
 
Joined: Sep 2007
Posts: 67
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From: Canada
But the pilots are the only ones who can't really take their experience with them and start at a similar level with a new company. For us it usually starting over.
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Old 14th March 2021 | 03:17
  #89 (permalink)  
 
Joined: Mar 2001
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From: York International
A KA colleague put all his redundancy payout, $1.7m honkies into Bitcoin. CX did him a big favour, I just hope that he cashes out at the right time.
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Old 14th March 2021 | 07:52
  #90 (permalink)  
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Joined: Mar 2000
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From: the land of chocolate
That is good to hear, I wish him the best in life.
Terrible what happened.
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Old 14th March 2021 | 08:50
  #91 (permalink)  
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Joined: Nov 2007
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From: Hong Kong
Bitcoin is going to 100k.
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Old 15th March 2021 | 08:40
  #92 (permalink)  
 
Joined: Jun 2020
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From: The Forbidden City
KABOY

And now STW will have to clean his own toilet bowl - gulp, shock, horror

https://simpleflying.com/cathay-manila-hong-kong-ban/
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Old 7th April 2021 | 18:30
  #93 (permalink)  
 
Joined: Nov 2015
Posts: 748
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From: HK-CRoC
CX Dies = Others (in non #CCP run countries) will live

If you have to ask which is better on any level imaginable, you're in the wrong job and you should sue the schools you attended !!

https://www.wsj.com/articles/united-...ar-11617710402
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Old 8th April 2021 | 13:58
  #94 (permalink)  
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Joined: Sep 2006
Posts: 152
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From: WWW
CodyBlade

I was about to say that!

After I got made redundant I put everything in stocks and bitcoin, has sure made unemployment less stressful!
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Old 8th April 2021 | 15:51
  #95 (permalink)  
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Joined: Jan 2008
Posts: 46
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From: Happy Valley
Poetic Justice

To some the slow death of CX, run by a nasty tribe of arrogant bullies, at the hands of an even bigger bully in Beijing might seem quite appropriate.

Good luck Swire Princes; this time I think you have overplayed your hand.
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Old 8th April 2021 | 16:28
  #96 (permalink)  
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Joined: Nov 2007
Posts: 449
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From: Hong Kong
2 years ago bumped into a colleague walking out of WorldWide Ctr just bought BTC at 11k.[before online exchanges] Should have followed him.

Look at Meituan and Sunny Optical HKSEX
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Old 8th April 2021 | 18:12
  #97 (permalink)  
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Joined: Dec 1998
Posts: 223
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I was in at about $4000 usd not that long ago. Almost sold at $8000...but my son convinced me to hold. Glad I listened to him. He now is pretty convinced it will break through $100K sometime this year. time will tell...
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Old 8th April 2021 | 20:10
  #98 (permalink)  
 
Joined: Sep 2007
Posts: 103
Likes: 0
From: 1st Floor
Seems like you guys don’t miss your B scale , boasting about it online will just encourages the company to cut the salary further in future. Carry on ...
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Old 8th April 2021 | 22:18
  #99 (permalink)  
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Joined: Dec 1998
Posts: 223
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Not boasting. Just demonstrating that there are unusual opportunities out there if you look. If it wasn't for my son I would have sold much too soon. If you don't want positive stories, then I suppose that is a reflection of you. Btw, my comment is that many are convinced it's going to double again...so perhaps I am highlighting that there is possibly much more opportunity yet to be had. If it does get to $100K....I hope you will have at least considered my story objectively. (oh, one more thing...I was A scale...so I miss the past more than most :-(.
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Old 9th April 2021 | 07:41
  #100 (permalink)  
Rie
 
Joined: Aug 2020
Posts: 400
Likes: 3
From: Wan Chai
Originally Posted by CodyBlade
Look at Meituan and Sunny Optical HKSEX
Why those two? they have had a recent pump and dump of around 30% each. Meituan is very new in the scheme of things but some people would have gotten lucky if they had held Sunny for a while.

On the same note with the MPF. Have a look how the Chinese Fund was doing until a month back. Up a lot for the year and now has died completely.
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