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-   -   Cathay Pacific agrees deal to take over budget airline HK Express, (https://www.pprune.org/fragrant-harbour/619819-cathay-pacific-agrees-deal-take-over-budget-airline-hk-express.html)

jetjockey696 25th Mar 2019 16:42

Cathay Pacific agrees deal to take over budget airline HK Express,
 
https://www.scmp.com/news/hong-kong/...get-airline-hk

controlledrest 25th Mar 2019 18:39

Management have a longer view than the pilots. They knew HKE might become part of the group so POS18, with the support of the GC, was an attempted to align pilot packages.

Farman Biplane 25th Mar 2019 22:41

Cathay Express

Freehills 25th Mar 2019 23:24

So, will DPA and AOA invite HKE pilots into the tent?

if you look at what has happened at SQ, their growth has been anaemic for the last 10 years, whereas Scoot/ Tiger have grown massively. Good chance CX will now do the same

Farman Biplane 25th Mar 2019 23:33

I didnít think that DPA and AOA were even occupying the same tent? Same circus, different big tops though.

1200firm 25th Mar 2019 23:40

So now you know where the money pocketed from the fuel hedging "loss" is going to be spent.

Frogman1484 25th Mar 2019 23:41

I think they will be invited into our staff travel with the same priority travel! ��

cxorcist 25th Mar 2019 23:51


Originally Posted by Freehills (Post 10429794)
So, will DPA and AOA invite HKE pilots into the tent?

if you look at what has happened at SQ, their growth has been anaemic for the last 10 years, whereas Scoot/ Tiger have grown massively. Good chance CX will now do the same

Precisely, HKE will get KAís A321NEOs and KAís pilots will be gradually merged into the joint CX/KA A330 operation to help with pilot shortage at both airlines. Pressure on expats will continue in the form of third world pilots at HKE, many commuting in from elsewhere in SE Asia. Welcome to the LCC world!!!

krismiler 26th Mar 2019 00:44

The Jetstarisation of CX has begun. New routes which won't support a full service airline could be opened up and marginal current routes could be transferred. When are the B787s coming for the long haul routes ?

cannot 26th Mar 2019 00:50

But they have been saying for years that they don’t have any money , the situation was dire, the sky was falling , the company was in peril if the pilots didn’t take a pay cut . Now suddenly they found that they had sufficient money in the kitty to buy another airline . You couldn’t make this stuff up

cxorcist 26th Mar 2019 00:59


Originally Posted by cannot (Post 10429852)
But they have been saying for years that they donít have any money , the situation was dire, the sky was falling , the company was in peril if the pilots didnít take a pay cut . Now suddenly they found that they had sufficient money in the kitty to buy another airline . You couldnít make this stuff up

They did lose a bunch of money and leverage the balance sheet... with their insane fuel hedges!!! Now they are going to load up with even more debt to fund this (mis-)adventure. What makes them think they can manage a LCC any better than they can run their fuel hedges?

Slasher1 26th Mar 2019 03:10


Originally Posted by cannot (Post 10429852)
But they have been saying for years that they donít have any money , the situation was dire, the sky was falling , the company was in peril if the pilots didnít take a pay cut . Now suddenly they found that they had sufficient money in the kitty to buy another airline . You couldnít make this stuff up

Ya know, if I'm stuffing money away in a mattress or account I own -- claiming to my wife for years I'm losing money and we're barely getting by -- and then somehow begin making money and run out and buy a new car she knows pretty much immediately my scam.

And she's ALSO smart enough not to let me cut HER household operation budget because of woes I might claim that she knows are not true.

I had expected more of well educated technical operators.

Arrowhead 26th Mar 2019 03:11

Bye bye KA.


Flying Clog 26th Mar 2019 03:35

Well said Slasher1 :O

act700 26th Mar 2019 04:05

So what will happen to that ‘colorful’ bunch of pilots with CX being an equal opportunity employer?!

Scoreboard 26th Mar 2019 04:30


Originally Posted by act700 (Post 10429931)
So what will happen to that Ďcolorfulí bunch of pilots with CX being an equal opportunity employer?!


wtf does that mean? Sorry i Captain an aircraft.....but cant understand the sarcasm.......are you discarded trash from cx selection process?...couldnt pass the interview?

Killaroo 26th Mar 2019 04:51


Originally Posted by act700 (Post 10429931)
So what will happen to that ‘colorful’ bunch of pilots with CX being an equal opportunity employer?!

The Line Pilots will be retained because THEY are needed. Assuming their standards are sufficient I guess.

The Management will all be fired.
And good riddance.

KC and the Sunshine Band are next in line.

cpahka 26th Mar 2019 07:21


Originally Posted by Killaroo (Post 10429952)
The Line Pilots will be retained because THEY are needed. Assuming their standards are sufficient I guess.

The Management will all be fired.
And good riddance.

KC and the Sunshine Band are next in line.

Not HKA mate, the band remain playing good...

Killaroo 26th Mar 2019 07:54


Originally Posted by cpahka (Post 10430001)
Not HKA mate, the band remain playing good...

Just wait......we are all waiting and watching with great patience and gleeful anticipation.

HFP 26th Mar 2019 08:15

I have been told by a reliable source that Hainan was forced by the THB to sell express and cargo. They cannot hold more than one AOC in HK any more. They will have to sell part of HKA as well I have been told. I am not sure what you are on about AdB29. You may be doing the same job as us, but not to the same standard. This of course does not make you less of a human being though. But if you think that just because you do the same job, and have a training department with a 10 year legacy, that you have reached maturity and clarity as an organisation, which plays any significance in improving and innovating your pilots standards you are delusional. Grow up and accept, that though adequate you are not raising your standards. Cathay has and is training to 1st class standards. We are better pilots than you lot because we are cohesive, committed, and have the same operational values and beliefs. You guys are a disjointed bunch of mercenaries, not career seekers. Unfortunately our management do not see the benefit of having career pilots rather than mercenaries.


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