Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat
 

Cuts, which sources say will be announced on Wednesday, are a quarter less than expected and smaller than the industry average

About 5,000 employees in Hong Kong could be let go, with future lay-offs possible if pandemic not brought under control
https://www.scmp.com/news/hong-kong/...agon-brand-bid

Looks like Danny has been speaking to pilots again... let’s just see if this one comes true.

Yes dragonair will be axed.

If nothing else Destiny78 you can rest assured that after some years in the industry I have been exposed to some real wa$kers. Congratulations you have taken the Gold medal 🥇

He might be Danny boy.

Well said couldn't agree mors

good call bro...

Hmm... New name: Cathay Dragon Pacific

Dragon “brand” to go . Thats all . Pilots will be retained , but no idea how cx will integrate them into the mainline operations. I think it will happen.

So 500+ more pilots for CX to offer the sign or be fired PoS18 to... Lovely! Can’t wait for the morale to hit rock bottom. You think working at CX/KA sucked before, just wait for this... JCP/JCR squeezing every last penny out of a horrible contract. How many will leave? How many will stay under absolutely miserable conditions in the new CCP’s Hong Kong? 🤮 🤮 🤮

No one will leave yet.
Everyone will stay.
It's a pretty grim situation out there's not sure if you know anyone working for other airlines.
When the world gets better and airlines pickup, people will re-evaluate. But CX will most definitely never be short of staff.

Everyone who can, because they need to put bread on the table. There are plenty who can't out there at the moment.

Announcement already on the hub. Cathay Dragon to close

au contraire, a Dragon rebrand is probs a positive commercial decision given the very active antipathy directed towards the airline on the Mainland.

Well, if everyone stays, then redundancies are inevitable. CX definitely will not need 3800 pilots for quite some time. So everyone stays and gets the minimum payout from PoS18? Nice, time for wifey to get a job! Maybe the kids too, which works out since schools won’t be affordable. Helper goes home to Manila, and her family starves to death. Thank you China!

Are the redundancies following LIFO?

since everybody will be signing cos18 I don’t see why not. Imagine that’s the reason it has been done the way it has.

​​​​​​​yes.
however how many B scalers will leave??

Of course, the question is how many?

Ab Fab you've just upset an Economist magazine headline writer by stealing his idea... Very good.

At least it is out there now, nothing is worse than the wait. Best of luck guys.

HIS IDEA??? :=

Nothing makes me happier than hearing how miserable you are. You deserve every bit of it. POES!

Well boys it’s been real. Sad to see our company go under. On the other hand, I’m happy we weren’t forced through the whole COS18 saga AND redundancies later on anyway.

It is what it is. Collect the pay check, pack up things and go. It was good while it lasted.

All the best to you guys in CX!

Classy sign off drfaust. Good luck and best wishes

AbFab sorry pardon, that did not come out quite as I expected. I meant that he will not be able to use the Merlin meme now as you got it out first.

Do we know what will happen to based pilots in Aus & London after dec 31st?

My sympathies to all the Dragon staff, good luck to you all.

Mate. We knew HK was doomed when the chicomms took over. It’s lasted longer than I thought possible anyway. Hope everyone saved up since the writing was on the wall. Time to exit stage left and reintegrate in the non commie world.

Well according the LIFO they will be fine. Bases especially Oz still cheaper than COS18.

There is a growing feeling come Q2 2021 those bases (don't forget FRA, USA & Canada we have a lot of pilots there too!) will be downsized and or closed and the pilots returned to hkg on the new Cos18. Unless of course they do a deal to significantly lower their remuneration. Having said that they have been quite a bit cheaper than their Hong Kong Colleagues especially over the last few months so who knows! One things for certain this isn't over!!

If the bases aren’t affected by this, then it would be one hell of a task to re-validate all who’d not been flying for a long time.
That’s 4hrs SIM each (minimum), ALC, AEP, etc. etc.
I add my sympathy to those who lost, or about to loose their jobs, and wish you the best of luck for the future.

Do any of you really think this is the end of the restructuring?? Losing 100-200 SO’s is nothing. This is just the beginning. Once everyone is on COS18 there are no LIFO redundancies. They will pick us off one by one and nothing you can do it about it. Good luck to us all.

Bokpiel,

You really are a c*nt.

A sad day for all my former colleagues. As usual, the weak get it in the teeth and the rest carry on .

easier to completely close one airline down than managers try to negotiate the complexities of the 3 airline integration.

I wonder if the ka DFO and GMA ( PH and JT) have received their well deserved marching orders? One can only hope but I would assume they are far too important to sent home ( sarcastic smile on my face)

CX may receive a pay cut , or equivalent, but they ain't fired a single line pilot. And lots of China flying coming your way. Don’t miss that toxic hell hole.

On a brighter note, will letters be sent out to redundant ka pilots, offering them a new opportunity and future to fly the ( former ka) A320s for HKE? I wouldn’t put it past the swires to glory in the mire, and to have planned this . Oh well, I left a few years ago, and was glad hk was behind me . Was good fun, but we all must move on . Ka rip. Tragic .

If you don't count the 200 plus second officers as line pilots (who got their marching orders) then yeah your right no one got the boot....

Best to be somewhere in the middle at the moment, not too senior and costing too much, nor to junior and disposable. S/Os are an easy target as they are only needed on long haul flights which will be the last to recover, they can be replaced by a F/O in the meantime and only need a quick P2X rating when the market picks up again.

If other airlines are an indication, expect significantly lower T&Cs on a "take it or leave it" basis. I'm currently on 45% of my previous income, have lost my fixed pattern roster, will be getting no pay leave each month starting next year and now get no extra for working an OFF day. However I consider myself lucky to still have a job and not be looking at a career change in my mid 50s.

Hopefully we can hang on and in 2 - 3 years time our conditions will improve.

It's a thing
 

Ya'll remember the US BILLIONS these clowns flushed down the toilet re Fuel Hedging ?
Only 6 years ago, as the dollars re the above were still flying out the window, the geniuses on the 9th floor were pumping MILLIONS into an absolute "must do" rebranding effort like it was the most important thing in the world... I can't begin to justly articulate what I think of these morons !!

CX Boardroom - a row of fools on a row of stools 🤡

Best case scenario is a return to 50% of the schedule sometime in 2021. My guess is sadly another 1000-1500 to go. But it will be open season as LIFO is now permanently gone. No one will be safe. We are all just targets now.

What happened yesterday to Dragonair ( to give it it's proper title ) was appalling. In the past I have chastised it's pilots and union but no one deserved what was done yesterday and a good airline was simply "snuffed out". Good luck to all at KA.
For the rest in CX the DFO's letter says it all and gives away the furture plans. COS18 was always going to be the contract for all CX pilots by hook or by crook and Covid provided the perfect opportunity and CX took it. Without LIFO the company can introduce the next cuts as early as 1st Jan 2021. That will be the retirement of the 777 fleet and redundancy of all 777 pilots. No LIFO protection anymore. As you become more familiar with your new contract you will every area has been eroded. Medical, leave, sickness, retirement, pension, housing , education, promotion, C&T allowances and of course salary. Ask yourself "if I were starting out and looking at CX as a furure employer would I sign up to this COS18". Answer NO. But in the next 2 weeks everyone will. Hobsons Choice.

So? We are well setup to easily re-validate Pilots from anywhere with plenty of trainers and Sims available......it’s not a new event and has been done many times as per the training manual. Besides a lot of HK based Pilots are not current either...
Not as hard as you think. Sorry to disappoint but you haven’t gotten rid of all the pesky senior to you Pilots just yet...........