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HKExpress further pay cut

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.

HKExpress further pay cut

Old 11th May 2021, 21:23
  #61 (permalink)  
Join Date: May 2021
Location: Moon
Posts: 6
If you work for the LCC, do not worry, you will be safe! You will get your pension for doing nothing, and you can all go back to your countries or stay in HK. And even with your 250h or your P52 time you can get a salary. You can all thank the HK government and the Swire family.
Meanwhile on the "green" side they will continue to brag about their lives with older contracts.
Congratulations to the guys in purple, being quiet and under the RADAR have made you quite wealthy in your home countries. But last stop is near, careful!
AusTronaut is offline  
Old 12th May 2021, 01:38
  #62 (permalink)  
Join Date: Jul 2010
Location: Asia
Posts: 1,319
CX have just raised US$650 million and more would certainly follow if a sustained recovery was becoming clearly visible. However, the investors won’t put up money just to maintain the status quo and would want to see a survival plan in place which would have to include reducing the present cash burn and restructuring into a entity which would be profitable in the post COVID era.

This would almost certainly involve a reduction in the workforce and a downsizing of the network. In September last year SQ laid off staff, and the fleet going forward has shifted to operating smaller types with the B737, B787 and A350 being the workhorses. The B777 and A380 are mostly grounded with only 2/3 of the A380s planned to return. New B777 orders are in place, but these are only for delivery beyond 2025/6.

There is a great deal of similarity between CX and SQ so it’s likely that CX will follow SQ’s lead.
krismiler is offline  
Old 12th May 2021, 02:13
  #63 (permalink)  
Join Date: Apr 2002
Location: HK
Posts: 33

Well above the average household income in HKG (27k) so obviously possible
Freehills is offline  
Old 12th May 2021, 02:28
  #64 (permalink)  
Join Date: Mar 2002
Location: Here & there
Posts: 819
Perhaps so, but something like half the population lives in government-subsidised housing.
BuzzBox is offline  
Old 21st Nov 2021, 05:53
  #65 (permalink)  
Join Date: Apr 2012
Location: lagos
Posts: 853
I like this company , what is the salary here ? When is hiring ?
pfvspnf is offline  
Old 21st Nov 2021, 11:26
  #66 (permalink)  
Join Date: Aug 2020
Location: Wan Chai
Posts: 255
Sorry but unless you are Brazilian there are no jobs.
Rie is online now  
Old 21st Nov 2021, 12:00
  #67 (permalink)  
Join Date: Jan 2007
Location: Here and Everywhere
Posts: 185
Or at least able to speak Portuguese fluently, they let you fly their shiny new buses in exchange that you’ll happy accept complements as a form of payment
Jnr380 is offline  

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