PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Fragrant Harbour (https://www.pprune.org/fragrant-harbour-19/)
-   -   Hong Kong Airlines fighting to survive.. (https://www.pprune.org/fragrant-harbour/627614-hong-kong-airlines-fighting-survive.html)

TimeToWhine 1st Feb 2020 03:08

The company is telling the staff very little about what’s going on, lots of rumours floating around, however Ol’ Danny Boy seems to get all the goss from them. Will we also find out we’ve been personally laid off via the SCMP? :ugh:

krismiler 2nd Feb 2020 13:33

Things were very shaky even before the Wuhan virus, with the current situation affecting air travel and the shock waves in China battering the parent company's finances, it must be game over soon. Even well established players with limited exposure to China are feeling the effects, HKA are unable to quickly diversify into alternative markets and lack a backer with deep pockets to carry them through the present crisis. Not looking good.

stevieboy330 6th Feb 2020 07:34

Have I got this right ? I'm happy to be corrected, CX want to me to hand over three weeks of my pay to help em out of a tough spot, but at the same time are going to effectively use that money to pay new Pilots from a competitor (HKA) to do my job more cheaply. Can anyone explain why one single Pilot would volunteer for that deal (SLS)? Seriously, I fee like they think we are literally, too stupid to insult.

FreemaninHK 6th Feb 2020 13:24

You're not.

Wise up a little more and move on. They will replace us with Mongkok Taxi drivers if they could.

Don't give them a penny, start sorting a new position outside China, and wait for them to pay you the 3 months notice period.

Take them for their money. Swire isn't your friend.

Cpt. Underpants 6th Feb 2020 23:57


Originally Posted by FreemaninHK (Post 10681018)
Take them for their money. Swire isn't your friend.

amen

A more corrupt, morally bankrupt bunch of inbred cretins you couldn’t dig out of a Tarantino movie.

TimeToWhine 7th Feb 2020 05:33

Well the time has come, first round of crew layoffs announced. Good luck to all the fellow aviators affected.

gtseraf 7th Feb 2020 05:49

A tough time coming in the industry, I reckon this Corona is going to cause many job losses. Good luck to all involved, hope other options come up quickly.

jetjockey696 19th Feb 2020 07:11

No frills, no food, just a seat......


https://www.scmp.com/news/hong-kong/...-kong-airlines

azhkman 19th Feb 2020 11:43

When did Spirit Airlines start flying to HK? J/K - I hope they can pull out of this.

controlledrest 20th Feb 2020 01:54

Only a matter of days...

https://www.scmp.com/business/compan...up-coronavirus

Frogman1484 20th Feb 2020 11:17

So if Air China buys HK Airlines, that means Cathay will have a share in HKA....interesting

controlledrest 20th Feb 2020 22:36


Originally Posted by Frogman1484 (Post 10692022)
So if Air China buys HK Airlines, that means Cathay will have a share in HKA....interesting

More likely take any assets worth anything and bin the rest, including non-mandarin staff.

roamingairbus 16th Mar 2020 20:17

Bull **** of a company. Hope it shuts down quciklyyy

TimeToWhine 17th Mar 2020 23:36

Amazing that HKA are still going during these times, however, not many flights going out though. When will they finally pull the plug?

Zymian 18th Mar 2020 05:51

Well HKA has already trimmed their staff to the bare minimum.

Most pilots took voluntary NPL.
And they are paid nowhere near A or B scalers at CX.

.....who knows? Until the next cash injection from CDB I would say......

ResumeOwnNav 19th Mar 2020 03:55

Surely they're not going to make payroll this month

TimeToWhine 3rd Apr 2020 02:54

With load factors so low I wonder why they even bother to fly the few daily flights. Will there be more letters in the mailbox this month?

spleener 4th Apr 2020 06:04


Originally Posted by Zymian (Post 10718240)
Well HKA has already trimmed their staff to the bare minimum.

Most pilots took voluntary NPL.
And they are paid nowhere near A or B scalers at CX.

.....who knows? Until the next cash injection from CDB I would say......

I don't refute your sentiment. However, just tell me how many people in CX are paid A scale. I'll give you a hint; less than one. B scale surpassed the frozen [and up tp 33% reduced] A- scale a decade ago.... Full A-scale stopped last century.

Zymian 4th Apr 2020 15:02

Y
 
Well, you’re missing the point if you’re using A scale pay as a reference and saying that B is 33% less

that’s 33% off a pay scale that’s extremely generous by industry standards.

With the current pandemic , less than 10% of passenger flights are still operating.
The larger the fleet and crew numbers , the higher cost in terms of lease and salaries.

Bleeding cash by the day.
The bigger the fleet the more the costs

HKA is still paying salaries and annual bonus up till April.
The pilots are doing their part in this crisis.

The questions is what are the guys across the tarmac doing ?

Besides whining about the company here.

Trafalgar 4th Apr 2020 15:23

With the benefit of too many years of hindsight, it still needs reminding that in fact the "A" scalers of CX provided the foundation of its reputation and dominance. It's too easy to forget that many such pilots upgraded to Captain only 3-4 years into their careers at CX. Most in their early to mid 30's, but with many hours of civilian or military flying. CX knew they could entrust the safety of their airline to such people, and allow it to expand quickly to dominate the HK aviation scene, and rake in billions of profits along the way. I suggest everyone ponder the reality of the average new hire now upgrading to Captain in 3 years....


All times are GMT. The time now is 07:59.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.