CX pilots to be offered bonuses to fly over CNY
Join Date: May 2014
Location: The road to Rome
Posts: 29
Likes: 0
Received 0 Likes
on
0 Posts
3 days unfit call with no doctors note. How long is CNY? Seems too easy.
AOA? Don’t need them.
Good luck to all those who have made travel plans during CNY with this outfit.
AOA? Don’t need them.
Good luck to all those who have made travel plans during CNY with this outfit.
Join Date: Mar 2015
Location: HKG
Posts: 396
Likes: 0
Received 0 Likes
on
0 Posts
The mis-Managers are ****ting themselves. If there are canceled flights over CNY there may be a real investigation. The lie that the aircrew have been going sick will be revealed, as will the incompetence of the mis-Managers.
Sickness rates over xmas where actually lower than normal. The lack of reserve was due to the scramble by Crew Ops to man the flights tasked by Airline Planning. We never had the crew to hit 70%.
Sickness rates over xmas where actually lower than normal. The lack of reserve was due to the scramble by Crew Ops to man the flights tasked by Airline Planning. We never had the crew to hit 70%.
Join Date: Jul 2022
Location: Angola
Posts: 54
Likes: 0
Received 0 Likes
on
0 Posts
The mis-Managers are ****ting themselves. If there are canceled flights over CNY there may be a real investigation. The lie that the aircrew have been going sick will be revealed, as will the incompetence of the mis-Managers.
Sickness rates over xmas were actually lower than normal. The lack of reserve was due to the scramble by Crew Ops to man the flights tasked by Airline Planning. We never had the crew to hit 70%.
Sickness rates over xmas were actually lower than normal. The lack of reserve was due to the scramble by Crew Ops to man the flights tasked by Airline Planning. We never had the crew to hit 70%.
They were late reactivating crew post Covid or return transfer pilots where needed. I am afraid the damage in image is extensive and difficult to repair.
Still no heads rolling though.
Join Date: Jan 2024
Location: Hong Kong
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
Why are you so worked up about canceled flights? I could not care less. Nobody else cares. One minute you claim Cathay is imploding, the next it is not growing fast enough.What would be different for any of you if they had scheduled 10 flights less over Christmas? Completely irrelevant to us. Everybody in the industry and government knows it's all a joke. The very same government who shut down HKIA for years is now complaining about cancelled flights. It's a charade, a distraction, a joke. It's so obvious, how can you take this farcical show seriously?
Last edited by Meursault; 4th Feb 2024 at 03:39.
Join Date: Mar 2015
Location: HKG
Posts: 396
Likes: 0
Received 0 Likes
on
0 Posts
The reason it matters is that the managers are lying about the reasons for cancelled flights. They are blaming the pilots.
It also matters that innocent passengers are having their holidays ruined by the incompetent managers.
It also matters that innocent passengers are having their holidays ruined by the incompetent managers.
Join Date: Oct 2008
Location: On a few nerves apparently
Posts: 77
Likes: 0
Received 0 Likes
on
0 Posts
Why are you so worked up about canceled flights? I could not care less. Nobody else cares. One minute you claim Cathay is imploding, the next it is not growing fast enough.What would be different for any of you if they had scheduled 10 flights less over Christmas? Completely irrelevant to us. Everybody in the industry and government knows it's all a joke. The very same government who shut down HKIA for years is now complaining about cancelled flights. It's a charade, a distraction, a joke. It's so obvious, how can you take this farcical show seriously?
What are your thoughts on this? I think hk government has a strong case to make regarding how they provided and offered cash to keep exactly the current situation, but cathay decided to do otherwise and hence they are in this situation.
I do agree with your characterization of hk government as being duplicit as it always has been. Causing a collapse of hk in general by very stupid policy mistakes when it was obvious what a disaster ot would cause in the long run. As in all things, it's always at a time of crisis when competence can be measured, not when it's all going well and normal. They puked all over themselves when it really counted, more than ever.
Join Date: Jan 2024
Location: Hong Kong
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
Vendetta, I think you are confusing the bailout (39 Billion) with a credit line (7.9 Billion). The former was urgently required and indeed immediately used for recapitalisation in 2020, the latter as part of the package kept as reserve and on hold due to the incalculable length of the lockdown. Cathay raised about 12 billion in rights shares for every existing 11 shares held, 19.5 billion in preference shares for the government and additional warrants of 2 billion.
Your assumption that Cathay never used any state money is not correct.
Additionally, the bailout did not include any conditional agreeements as in preservation of all staff on current pay or similar. It can be safely assumed the government is not losing sleep about lower terms for expats, they probably celebrated it, after all they are now a shareholder and as such entitled to dividends. They also have voting rights as member of the board, they are involved in any strategic decision.
So far Cathay paid out north of 1.5 billion to HK gov, more to come. Them pointing fingers regarding the cancelations is as laughable as management accusing pilots, a complete travesty.
Your assumption that Cathay never used any state money is not correct.
Additionally, the bailout did not include any conditional agreeements as in preservation of all staff on current pay or similar. It can be safely assumed the government is not losing sleep about lower terms for expats, they probably celebrated it, after all they are now a shareholder and as such entitled to dividends. They also have voting rights as member of the board, they are involved in any strategic decision.
So far Cathay paid out north of 1.5 billion to HK gov, more to come. Them pointing fingers regarding the cancelations is as laughable as management accusing pilots, a complete travesty.
Last edited by Meursault; 4th Feb 2024 at 11:40.
Join Date: Dec 2023
Location: Disco Bay
Posts: 17
Likes: 0
Received 0 Likes
on
0 Posts
[QUOTE=SloppyJoe;11590270]
didn’t they say it was because they didn’t plan enough reserve?
The reason it matters is that the managers are lying about the reasons for cancelled flights. They are blaming the pilots.[/QUOTE]
But why does that matter?
But why does that matter?
Join Date: Aug 2006
Location: The Cesspit
Posts: 400
Likes: 0
Received 0 Likes
on
0 Posts
So far Cathay paid out north of 1.5 billion to HK gov, more to come. Them pointing fingers regarding the cancelations is as laughable as management accusing pilots, a complete travesty.
Its okay to break the rules, after all they are holding back our schedules and that stops us making billions to pay the government back, isn't that right Meursault?
The dozen flight cancellations a day was the only way they could bring themselves back under the percentage reserve requirement.
Join Date: Oct 2008
Location: On a few nerves apparently
Posts: 77
Likes: 0
Received 0 Likes
on
0 Posts
Vendetta, I think you are confusing the bailout (39 Billion) with a credit line (7.9 Billion). The former was urgently required and indeed immediately used for recapitalisation in 2020, the latter as part of the package kept as reserve and on hold due to the incalculable length of the lockdown. Cathay raised about 12 billion in rights shares for every existing 11 shares held, 19.5 billion in preference shares for the government and additional warrants of 2 billion.
Your assumption that Cathay never used any state money is not correct.
Additionally, the bailout did not include any conditional agreeements as in preservation of all staff on current pay or similar. It can be safely assumed the government is not losing sleep about lower terms for expats, they probably celebrated it, after all they are now a shareholder and as such entitled to dividends. They also have voting rights as member of the board, they are involved in any strategic decision.
So far Cathay paid out north of 1.5 billion to HK gov, more to come. Them pointing fingers regarding the cancelations is as laughable as management accusing pilots, a complete travesty.
Your assumption that Cathay never used any state money is not correct.
Additionally, the bailout did not include any conditional agreeements as in preservation of all staff on current pay or similar. It can be safely assumed the government is not losing sleep about lower terms for expats, they probably celebrated it, after all they are now a shareholder and as such entitled to dividends. They also have voting rights as member of the board, they are involved in any strategic decision.
So far Cathay paid out north of 1.5 billion to HK gov, more to come. Them pointing fingers regarding the cancelations is as laughable as management accusing pilots, a complete travesty.
Are they really celebrating about expats getting the shaft by cathay? Its the reason cathay is in such a desperate place with lack of pilots. And hk government is crying about exactly this. They're crying about rolling cancelations of flights due to... lack of pilots. They might have been not losing sleep about it initially but they sure are now and will well into the future. We'll deserved outcome of incompetence, by both hk government and cathay.
The thirty plus tails parked up yesterday looked very impressive, Cathay is still the world leader in aircraft parking. They must be bleeding money out of their eyeballs. Schadenfreud bliss just hope they don’t go under due their incompetence, as many people still need their jobs.
. . . . . . and the staff travel.
