Hong Kong Airlines fighting to survive..
 

https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3039913/hong-kong-airlines-fighting-survive-licensing

https://amp.scmp.com/news/hong-kong/....co/9PnU0kJ58I

Unfortunate situation. If I’m not mistaken, pilots with HK Airlines depend largely on the hourly pay, with a guaranteed pay based on something like 40 hours a month?

I wish everybody involved the best of luck.

Cant afford to pay the staff , cant afford to pay the IFE supplier, surely the HKCAD have to step in to put an end to this soon. I would post the URL but despite having been registered for many years and many posting it says I cant post URL's until I have 10 postings.... if you want to find it just look at the HK airlines website news. Hong Kong Airlines' inflight entertainment system will be out of service from 1 December 2019 until further notice.
We sincerely apologise for the inconvenience caused to our customers. Hong Kong Airlines will work with our vendor to resume the service as soon as we can.

It's 50 hours and you're in the minority if you fly above that.

I guess December 6th is somewhat D Day for HKA. Good luck to everyone over there.

No IFE
 

Diverting staff salaries to pay for fuel and insurance is just rearranging the deck chairs.

I think everyone needs to come to terms with the likelihood of HKA collapsing imminently. Thereby releasing hundreds of HK licensed pilots onto the Hong Kong market. Doesn't take a rocket scientist to realise what effect that will have on the pay and conditions at CX for the foreseeable future. Certainly I wouldn't be counting on that pay raise (or anything else). HKA pilots will agree to basically anything to continue to fly in HK. It WILL effect the conditions at CX for years to come.

Colleagues who are working in management have told me that nearly all expansion now will be with HKE. The bigger question apparently is what to do with CX/KA. With CX basically becoming a smaller airline (quicker winding down of the 777ER fleet than originally planned), they effectively now have too many pilots. KA by some metrics has a higher cost basis. None of the factors are positive for an improvement to current conditions of pay or benefits sadly. A shutdown of HKA will be a very big nail in a very small coffin. Good luck to all, but effectively the cards are once again stacked in managements favour. Can't say i'm sorry to have recently left.

Great to read "mngmt mole" and "Trafalgar" are back onsite, if only from a distance. This site has been all the duller since their departure with most posts from idiots actually applying to join CX. A bit like trying to buy a last-minute ticket on the Titanic.
CX and KA are dying on their feet. The upper and lower management haven't a clue what to do and even old Agustus has applied for early retirement on medical grounds. He is rarely anywhere near CX City and hides in his office in North Point these days.
The recent CFIT training error just shows how poor the 3rd floor management are. A mere 5 years to put it in place and they left it to the last 3 months. Watch this space for a strong CAD rebuke. The latest offering from the CEO lays the ground for a NO 13th month announcement this Thursday. KA will of course receive theirs (contractually) even though it is the main source of the profits hemorrhaging within the group. The FAU has already decided to call for a walkout if the CA's don't receive theirs. The official leaving rate from GMA is now 8% and over 10% amongst new SO's. The expansion is now a 3% contraction next year and 2021. The only major palyer in Asia to announce such.

And where is the AOA in all this ? Well making the most expensive lanyards in history of course.
It aint looking good.

Sorry to participate in the hijacking of another airline's thread.

By some metrics? We are not running an industrial campaign - which from rants here must be incredibly expensive by some metrics.

Not looking promising:

https://www.scmp.com/news/hong-kong/...s-save-company

”The only major palyer in Asia to announce such.”

ummm yeah as it’s in Hong Kong mate.......have you watched the news?

Yup
 

With all the doom and gloom in the news about HKA would you(or any prospective passenger) buy a ticket on a future HKA flight? All that new cash can keep the airplanes in the air but a lot of those seats will be empty.

Where did you see the forward bookings data? Any link?

Looks like CITIC will buy them out...after being ordered by the CCP.

The revolver method always works...... In China... :oh:

So did the payroll come through?
 

Best wishes to all HKA staff. Some good people there, and they don't want to be subject to CX's cynicial exploitation should they fall. We should all want HKA to survive.

Is there anything already known about the saving of HKA?
How will they be able to repay a loan, if they're already making losses?

Life support was flicked on again today.

The airline is functioning only due to monthly life support.....expect it to survive without any support and it is a a guaranteed mortality.

The biggest losers are the creditors, who are growing day by day whilst the airline continues to operate. Western creditors are being burnt, Chinese creditors are being instructed.

Eventually, it will all come crashing down. They’ve kicked the can down the road til next payday.
Irrelevant, the very damage done by that bit of negative press over the last week can’t be good for forward bookings. Coupled with probably a not too stellar CNY, booking wise, it’d be interesting to see how much longer this mess will last.
2020, I reckon, will be a year of many airline failures world wide. You know, that recession that no one seems to be talking about..

KABOY I love that phrase, "Western creditors are being burnt, Chinese creditors are being instructed." Sums up the Chinese credit market since the Jesuits.

Brilliant!

Cathay Pacific Airways offers lifeline to pilots at troubled Hong Kong Airlines



https://www.scmp.com/news/hong-kong/...ilots-troubled