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CX offers Hong Kong pilots, cabin crew voluntary redundancy

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.

CX offers Hong Kong pilots, cabin crew voluntary redundancy

Old 28th Apr 2021, 09:33
  #21 (permalink)  
 
Join Date: Jan 2014
Location: Hong Kong
Age: 27
Posts: 17
Thats quite a significant amount of crew if all of those were to be gone at once. I guess it'll depend how many of the non-pr guys are 777.
Posterizing is offline  
Old 28th Apr 2021, 10:03
  #22 (permalink)  
 
Join Date: Aug 2007
Location: hong kong
Posts: 235
In GMA's email, she says,"...based on requests from some of our employees, we believe it is appropriate to offer our pilots the option of a Voluntary Separation Scheme (VSS).
I wonder who these employees were, if in fact there were any. GMA wouldn't be telling porkies would she?
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Old 28th Apr 2021, 10:27
  #23 (permalink)  
 
Join Date: Sep 2009
Location: NSW
Posts: 55
I donít get why they are even offering this now? Why not just skip to redundancies?
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Old 28th Apr 2021, 10:31
  #24 (permalink)  
 
Join Date: Oct 2018
Location: Hong Kong
Posts: 108
Really? Because it might save some jobs! They could potentially make redundant people who could have been safe had they offered a voluntary redundancy package. It's an attractive option for those without PR if you go by the signs of what's going on and what HKA have done, you'd be silly to not consider this option ahead of a compulsory redundancy if you are on a work-permit!
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Old 28th Apr 2021, 12:18
  #25 (permalink)  
 
Join Date: Dec 2019
Location: HK
Posts: 22
Pistolpete47

The ones who keep complaining here about leaving are too hypocritical to actually leave. I don't have to mention names.
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Old 28th Apr 2021, 12:42
  #26 (permalink)  
 
Join Date: Apr 2014
Location: Hong Kong
Posts: 21
CX 'management' will be sat down planning this restructuring to the n'th degree. It's an opportunity of a lifetime for them to get rid of whoever they want, and with little or no comeback from the employee group. Seniority, in this instance, is gone. Debs and The Jellyfish can make up their own matrix and then fire and hire at will. Anyone on disciplinary will be gone first. Then 777 will go but probably not the trainers. Locals will be able to stay whatever fleet they are on. And - MOST IMPORTANTLY - if you have over 100k instagram followers you are safe.

I would take the VSS and run. I wouldn't even put COS21 out of the question.
SandwichOfficer is offline  
Old 28th Apr 2021, 13:21
  #27 (permalink)  
 
Join Date: Sep 2001
Location: N/A
Posts: 9
Commiserations to all those involved. What does the redundancy package look like? Would be interesting to compare with flag carriers in Western Europe.
AdrianShaftsworthy is offline  
Old 28th Apr 2021, 13:49
  #28 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 1,205
Originally Posted by Jim-J View Post
VSS now, forced redundancies thereafter....
Exactly what happened at SQ, however the Singapore Government openly backed the airline and pulled out the cheque book. Singapore Incorporated recognises the importance of the airline to the city state and won't let it go under. Even though it is over reliant on premium long haul connecting traffic which will take longer to recover, adjustments have been made and the red ink can be sustained from the massive government reserves.

EK are in a fairly similar position and will probably come through after some significant and painful adjustments, which will likely include retiring a significant number of A380s and replacing them with something easier to fill, then going cap in hand to Abu Dhabi for another bail out.

Unfortunately CX doesn't fit into China's grand aviation strategy, being a largely foreign company operating from a recalcitrant city and seen as a relic of the colonial days. Greater Bay Airlines can start off on a reasonable footing with the B737 and gradually establish a long haul network in line with the recovery, they aren't sitting with a fleet of 150 widebodies incinerating cash while waiting for an improvement in the long haul, premium, transit market which probably won't happen for another 2 - 3 years. Start off as a low cost with routes that look like making money and ramp up to long haul full service as demand recovers. CX will probably survive but be sidelined in a smaller form and won't be the world airline it was pre COVID
krismiler is offline  
Old 28th Apr 2021, 15:32
  #29 (permalink)  
 
Join Date: Nov 2007
Location: Hong Kong
Posts: 410
recalcitrant city
Absolutely appropriate adjective.

Recall the stance and behavior from some of the employees during the pro-dem rallies.The die was cast even then.

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Old 29th Apr 2021, 06:18
  #30 (permalink)  
 
Join Date: Jun 2020
Location: The Forbidden City
Posts: 122
Asia’s “World City” - lovely place, make it your permanent home

US sounds alarm over Hong Kong 'exit ban' fears
https://news.rthk.hk/rthk/en/compone...4-20210429.htm
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Old 29th Apr 2021, 09:15
  #31 (permalink)  
 
Join Date: Mar 2018
Location: Hong Kong
Posts: 3
CodyBlade

Management probably finds that adjective very fitting for us pilots as well.
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Old 29th Apr 2021, 09:43
  #32 (permalink)  
 
Join Date: Aug 2019
Location: Brexland
Posts: 108
Total thread drift but I thought it may be valuable to know for those considering staying in HK, the locals are abandoning ship. I'm in the UK, up north, in one of the bigger but not so famous towns... I had my house valued a few months ago and the valuer told me he was having a real problem as people from HK were coming in and buying up all of the houses in the area for cash and he can't reflect cash buyers in his valuation process so would have to undervalue the house compared to what we would likely sell it for. The reason? I live within catchment to one of the best non fee paying schools in the country. Caused me a pain as I was remortgaging to do some renovations... Anyway, found it interesting. Then this week I brought the kids to school and there were FOUR different families from HK whose kids were joining the school this week dropping their kids off. This is just one small school in a random town, I expect to see much more of it.
Whitemonk Returns is offline  
Old 29th Apr 2021, 09:54
  #33 (permalink)  
 
Join Date: Aug 2014
Location: Australia
Age: 49
Posts: 90
I would not be surprised to learn Swire have already agreed to sell all or a large part of their shareholding to Air China & therefore the CCP.
Somewhere in Pacific Place there is a fat lady singing, though it gives me little pleasure to hear her....
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Old 29th Apr 2021, 15:30
  #34 (permalink)  
 
Join Date: Jan 2007
Location: Here and Everywhere
Posts: 123
I can only wish Swire sells out and let another company run it. First to get fired should be that lying GMA, followed by all the Swire princes that do not care if this place burns today, as tomorrow theyíll be on a plane with their bonuses to a new senior position to make it the most toxic place to work

Last edited by Jnr380; 30th Apr 2021 at 00:31.
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Old 29th Apr 2021, 22:11
  #35 (permalink)  
 
Join Date: May 2007
Location: CLK
Posts: 365
The VSS offer is cheaper for the company to shed staff than a compulsory redundancy due to loss of work permit. EO provides for payout based on 12mth average monthly earnings, VSS is specifically based on the basic monthly salary ONLY.
The offer wouldnít be there if it cost CX more money and I am sure that they have a very good idea how the visa situation will be resolved by HKGOV.
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Old 30th Apr 2021, 00:12
  #36 (permalink)  
 
Join Date: Mar 2001
Location: York International
Posts: 642
Farman. I donít believe that they have to pay you anything if you donít get a work visa renewal.
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Old 30th Apr 2021, 00:24
  #37 (permalink)  
 
Join Date: Sep 2009
Location: NSW
Posts: 55
Is the consensus that work permits will be cancelled or just not renewed?
What happens if your current permit takes you over 7 years?
Interesting times...
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Old 30th Apr 2021, 00:32
  #38 (permalink)  
 
Join Date: Mar 2001
Location: York International
Posts: 642
There are no grounds to cancel visas unless you are made redundant. If youíve got over the 7 yrs then you are safe in that respect but it still doesnít mean that you wonít be made redundant.
Some pilots have got Quality Migrant Visas which are for six years and they are also safe from the visa point of view. The company themselves have never suggested this as an option but a few people have done it after having heard about it from colleagues.
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Old 30th Apr 2021, 00:36
  #39 (permalink)  
 
Join Date: Sep 2009
Location: NSW
Posts: 55
Thanks for the info
Jetdream is offline  
Old 30th Apr 2021, 00:55
  #40 (permalink)  
 
Join Date: May 2016
Location: Hong kong
Posts: 38
Farman Biplane

Definitely not true. The EO has a cap of 22,500 HKD per month for the calculation. I think all monthly salaries are above this. And whats more.. in the event of redundancy, the company can offset this towards the provident fund contributions they have already paid.. so basically you get made redundant with 0.
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