Irish company files petition to wind up Hong Kong Airlines

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11th Mar 2022, 15:59

#1 (permalink)

jetjockey696

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Irish company files petition to wind up Hong Kong Airlines

https://www.thestandard.com.hk/break...-Kong-Airlines

11th Mar 2022, 17:59

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Oasis

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What exactly does it mean to 'wind up' a company?

11th Mar 2022, 18:17

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rudestuff

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Essentially close it down. The court can force them to pay their debts and if unable to do so will order that the company cease trading immediately. The nuclear option of debt collection.

12th Mar 2022, 02:06

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BBN RADAR

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Before I read the link, I thought the OP was using the British-English meaning of wind-up - to annoy or irritate someone. Never realised it had a legal definition. You learn something new everyday...

https://legal-dictionary.thefreedictionary.com/Wind+Up

12th Mar 2022, 02:15

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Airblast

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CX pilot shortage problem solved?

12th Mar 2022, 02:36

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Sam Ting Wong

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Pilot shortage at Cathay😂😂😂

12th Mar 2022, 16:58

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Flex88

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Shortage

Quote:

Originally Posted by Airblast

CX pilot shortage problem solved?

How many pilots does it take to fly no routes ??? 100 x 0 = "0"

13th Mar 2022, 12:19

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dabz

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Quote:

Originally Posted by Flex88

How many pilots does it take to fly no routes ??? 100 x 0 = "0"

Genius!

You've worked out management's ultimate goal, zero pilot expenses !
Zero pilot expenses is a 100% reduction!

What an achievement!
Bonuses for all the managers!

28th Mar 2022, 14:50

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Donblock

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Quote:

Originally Posted by dabz

Genius!

You've worked out management's ultimate goal, zero pilot expenses !
Zero pilot expenses is a 100% reduction!

What an achievement!
Bonuses for all the managers!

you can chuck in Zero Covid too