Cathay Pacific agrees deal to take over budget airline HK Express,
 

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.

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

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 ?

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.

Well said Slasher1 :O

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...

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

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.

Did you really just write that? God help you if you actually believe it.

Unfortunately, HFP has a point.

For example - the HKA service to CNS.
Due to repeated navigation errors on the STAR to RWY15 the company received a warning from the CASA that they would be barred from the airport if they did it again. This occurred in spite of senior pilots informing the FOP Manager responsible that there was an FMS database problem (which he ignored, as is his habit, until the SHTF).

Their solution afterward was to make all pilots sign a piece of paper in ABO saying they knew about the Database issue in CNS and promised not to do it again.

Its a joke of a company, with an FOP run by a bunch of careerist jokers.

Confirmed to stock exchange

http://www3.hkexnews.hk/listedco/listconews/SEHK/2019/0327/LTN20190327213.pdf

4.93 billion HKD for a company losing money and with assets of 1 billion. Sweet. As at 31st December 2018, the net asset value attributable to the HKE Interest was approximately HK$1,119 million.

For the year ended 31st December 2018, the unaudited net losses before and after taxation attributable to the HKE Interest were approximately HK$141 million and HK$141 million respectively.

Well, you gotta lose money to make money!

... right?

Can you write down labour for those tasty, tasty tax breaks?

So....now I know where my expected profit share went. Once again, the "little airline that cried poor". Disgusting, shameless and more evidence that we work for the biggest group of narcissists in the industry. Shameless. Please, John, don't have Rupert make any more "we're so poor" speeches. Getting a bit tired of listening to the same broken record. Most of us are leaving anyway so at least we won't have to listen to the same rubbish for much longer.

I might also add that this quite possibly confirms the end of any career prospects at CX. They now have Dragon and Express to grow throughout Asia and the region, leaving CX as their neglected overseas carrier. I expect very little growth for CX, and most of it now going to their lower cost units. At the very least, they will use the threat of doing so as a way to drum down pay and conditions at CX (as if COS18 hasn't already put the nail in the coffin of a genuine career). Writing is on the wall IMHO.

Interesting how HKE just got a payrise of about 20% on productivity

You all just witnessed the shrinking of CX. Time to upgrade just went to eternity, a good percentage of our flying is going to disappear.

Haha
 

https://cimg9.ibsrv.net/gimg/pprune....01a655d83a.jpg

Would this be the same cohesiveness as given to the 49'ers? Maybe that was too long ago.

Committed, maybe many like yourself should be with that attitude.

Mercinary, care to comment on how many different pay scales you have within the same pilot body at Cathay?

Ahhh Hahahaha

Typical
 

Can you say "Corruption" ?