AOA's position
Why hasn't the AOA put anything out yet. I keep checking my email. This should be priority #1. What is there stance on this "Special Leave Scheme" bullsiht.
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Letter to Chairman
Check AOA's website interesting letter to Chairman dated 14th April.
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They don't have a position, because they are "in talks".
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EMAIL JUST IN
Ladies and Gentlemen CX ANNOUNCEMENTS ON COST REDUCTION MEASURES By now you will probably have seen, or at least heard about, the announcements on intraCX about the Company's proposals on cost reduction measures, including SLS. The General Committee's negotiating team has been involved in talks with management over the past 48 hours. We are currently putting together a paper explaining the details of what is being proposed and our recommendations on what we believe the Membership should do. This will be sent to you over the weekend. Please read the Company's documents carefully and, of course, the paper we will send to you. In the meantime, do not rush into signing any option offered until you fully understand what is being offered. |
Good enough for me so far.
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I don't like this email. It sounds like the Aoa has already accepted the notion of SLS and is just trying to sweeten the deal...
Hope I'm wrong. |
yes it could go either way here and I wont be surprised.
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Does AOA ask for stock option just like in 1999 ?:confused:
It is better than paycut only ! |
Like the document says, it is voluntary.
Make up your own mind, your decision will not only affect you but your peers as it has been spelt out! Is it time to play hardball in all of this? |
SLS
Look forward to seeing AOA position.
A few thoughts at this stage: 1. With extenders, why the hell should I have a pay cut? 2. Will the company fold if I don't take unpaid leave? Yes: Take the Leave - a job is better than no job. No: Then I am giving up pay to help the share holders out, nothing more 3. Will the company pay me back when they are making money again? Yes: Take the leave. No: Get stuffed 4. Will the company give me the leave in one block? Yes, maybe take the leave if you have the money and want the time off (I know I could do with a break - have been working damn hard and feel shagged). No: Then expect to have the roster stacked, be giving away money to change G and O days into SL days (Employment Contract states how many G Days one should get per year - anyone check if they actually get them all????) 5. Does the company pay 4 times more for a HKG Transit to Haeco than other airlines (transfer pricing - Haeco does not do profit share, so transfer the $ there and make CX look worse)? Yes: Stick the leave. No: Still stick the leave, I don't trust CX Magr. Overall, I suspect the SLS is bull****. If they want to save a few $ chop the extendees and chop the blokes who hedged the fuel and conspired to fix cargo prices. |
This is from the FAQ section:
33. Will we be reimbursed with the pay reductions if business recovers? Staff support and commitment to the company during this difficult period will be greatly appreciated. We don’t know when the market will turn around or when the company’s situation will improve, but when it does, all staff will benefit from a stronger company. Reminds me of the TV show "Yes Prime Minister". |
I think the people will feel LESS disgruntle if the guy who screw up the fuel hedging is fired or at least management come out for a public apology....afterall, they often compare themselves to HSBC in some ways, then why can't our execs do what theirs did and apologize publicly that they loss 1.1Billion USD of shareholders money
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Commitment
3. Overview of the Scheme
This is a voluntary scheme which will enable all employees in the Company to demonstrate their commitment and........ Reading between the lines here, choosing to not volunteer will be interpreted as a lack of commitment. A lack of commitment will mean...... This is a veiled threat |
HKAOA - mostly a pack of weak dicks who gave up on the 49ers and likewise will give up your contract. :=
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canuckster....why don't you shut your mouth and let us think your an idiot instead of continuing with your comments and removing all doubt ? The present AOA commitee is entirely different than in '01. They are also all volunteers.....so if your not happy.....get your arse in gear and help out. At the very least wait until the AOA has issued it's opinion.
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A half dozen threads all on the same topic. I hate to be anal but
perhaps they should all be combined into this one. After all the whole situation is about the AOA's position. Also , the idiot managers would find it easier to follow the incredibly bad moral problem they are creating AGAIN. Every response being read by potential future applicants will turn more people off from joining CX. To Nick Rhodes-you will have to put the retirement age up to 70 to give the bulk of your pilots any sort of old age. They will revolt on you eventually. |
AOA insider, thank you for the calm and rational response. I, for one, appreciate it and agree that this decision needs to be well thought out.
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How can the AOA have a single view when they represent a membership with conflicting interests. How can they recommend a course of action that satisfies both the 53 year old A-scaler and the 32 year old FO on byass pay, not to mention the 25 year old SO whose base has been taken by a DEFO.
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canuckster, I guess you would know!:rolleyes::}
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How can the AOA have a single view when they represent a membership with conflicting interests. How can they recommend a course of action that satisfies both the 53 year old A-scaler and the 32 year old FO on byass pay, not to mention the 25 year old SO whose base has been taken by a DEFO. |
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