Thanks STW, I am glad our "minions" will be able to take comfort in the fact that this issue will be sorted within months.

I am not sure we are short or at least very short.
They are covering the bus with recruits from local airlines and pushing the 74 a bit, the 777 is dead at the moment and can still send a few back.
A few more leaving after school finished in the next few months, the rest at the beginning of next year, probably a few more when the right jobs come up.
Then maybe they will assess the situation, also they historically just react.
International pax travel won’t come back anytime soon and when it will not only it won’t be the same but people will probably be flying Turkish, KLM and the rest that served them much better than CX during Covid.

Swire tactic 101, introduce a new contract to attract the talent, they have been doing this for 30 years.

Why explode your wages cost when you have 2000 pilots sitting in HK sucking up COS18.

Must be time for COS22 (COS18 with enhanced benefits), but the usual caveats to screw when required..

Swire 101, lease aircraft because interest rates are low, oops... now interest rates are through the roof and repayments cost a fortune. Oh well, in 24 days time the music stops and the board members won't have seats to sit on.

Wait until the Ba5 variant hits China, as it will. You ain’t seen nothing yet when it comes to lockdowns… those who can leave, leave now.

Best believe I’m on my way. My 3 month’s is almost up, then I’ll be out of here as fast as I came!

Oh and you can keep the furniture…

Oli 777 you may wish as do others here that seem to be on some sort of delusional universe based on hating Cathay that the fleet is leased but of course as is most of the other nonsense it is just not the reality.
2 X A350s leased 30+ others owned etc etc.
Perhaps time to give it a rest fellows

You sir are completely wrong with your figures.. please leave the boardroom

I wonder sometimes what you fellows are smoking that produces the nonsense that you feel compelled to post here
Cathay A350 fleet = 43 aircraft (9 parked) +4 on order
Owned = 41 Leased = 2 aircraft namely B-LXK and B-LRA

Who owns the leasing company
 

It’s been a while since I looked at it, but it’s always worth following the trail through to have a look at the origins of the leasing company.

I got my information from the latest Cathay Pacific financial report, page 73

If you can drop your attitude and whatever nonsense you are smoking, then please tell me w​​​here did you get your information from?

Oli777, the same document (p. 17) shows Cathay Pacific Airways Ltd leasing 31 aircraft out of a fleet size of 193 aircraft. The figure of 31 includes 5 defunct Dragon narrow body aircraft and as noted, just 2 leased A350. A fairly impressive rate of aircraft ownership don’t you think?

For the last 30 years evey time there has been a perceived pilot shortage it has been swiftly followed by a massive collapse in demand which has put the balance of power firmly with the employer. Will it be different this time?

Page 73, it's written clearly

Hard to put demand and Hong Kong in one sentence.. even when the flying comes back to a double digit % of pre covid capacity which is at least a year off by the looks of things with closed borders, the current pilot numbers won’t be able to service this.

Oli77 The answer to your question = a Cathay source earlier this week.
I have been told though that 99% the same information is also freely available on the internet.

I have not checked leasing of the whole fleet as it is fluid with many older aircraft being returned to the leasers month by month with another ex dragon being returned this week and some aircraft on loan to other airlines.
If you have the urge to post more deliberately misleading information presumably with the aim of of painting a falsely negative picture of the health of the airline then I suggest that you perhaps find a more productive pursuit as you and several others posting the same sort of nonsense over the past months, with presumably the one intention of destroying the general perception of the airline, are in danger of turning this important forum into a dangerous Trumpesk comedy thread.

Demand - Boston and daily NY and LA back this month as well as flights to the sub-continent with most passenger flights now full both ways and several with waiting lists.

Now now children, no need to yell at each other. It’s not that hard to post sources.


https://cimg0.ibsrv.net/gimg/pprune....b96321538.jpeg

What percentage of fleets are owned vs leased is irrelevant to the subject of this thread.

The issue is do they have enough pilots to restore operations according to the goals they set themselves based on market demand and recovery. The answer is no. They have already lowered their goals 3 times, despite the big announcement and advertising campaigns of pilot recruitment drive, at the end of 2021, 7-8 months ago if I remember correctly.

Planning department has come back 3 times already saying "we don't have enough pilots to achieve this..." and they're panicking about this. Recruitmemt has said cannot recruit, no biters. This paragraph isn't my personal 2 cents.

Why do you think Grey Hose the architect of contract cancelation said in a public press interview at Cathay city "perhaps cos18 isn't competitive for everyone"? Because they have no concern about the resignation/retention of pilots?

Ironically if mentally ill hong kong just opened up allowing unrestricted pax & cargo flights back to pre-covid levels, Cathay would be unable to ramp up anywhere near that level because of no pilots. This would be a disaster of a bad news from stock holder point of view. Cathay right now does not want a rapid reopening of hk.

Wether leased or owned aircraft sit idling, these are very expensive assets not being utilized when market supports their use and there isn't enough manpower to support using them. Let's see what the stockholders think of a company unable to use assets when market supports their use.

How many leased vs owned is irrelevant. Another subject thread perhaps

Btw, I totally understand those of you without other options don't want to hear the negative. Its ugly and depressing to face the bad situation you're in without an option if this bad present option comes to an end. It's depressing, I get it. But don't get angry because reality is not what you want to hear. You want to live in a fantasy world, to pretend things are OK. Admitting how bad reality is, well... reality.

https://cimg9.ibsrv.net/gimg/pprune....19f871651b.jpg

There's your answer, you said it --> "I have not checked..." and a "Cathay source" bla bla bla
Trying to defend someone who jumps up and down and says that CX lease 2 aircraft etc and own the rest, please.

READ

Ok Oli lets read page 73: as of FY 2021 the GROUP has 58 aircraft on Operating Lease (CPA 31, HKE 27).

The 31 Cathay Pacific leased aircraft comprise 2 x A350, 15 x B777, 4 x A330, 10 A320F. 31 leased aircraft out of a fleet total of 193.