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-   -   Cathay Pacific Surplus Staff (https://www.pprune.org/rumours-news/2422-cathay-pacific-surplus-staff.html)

grand slam 30th Oct 2001 11:55

Cathay Pacific Surplus Staff
 
As a cost saving measure, the 13th month, traditionally paid to Hong Kong based employees, will not be paid this year. Company have now stated that the downturn in business means that there are more staff than they need. Unpaid leave is an idea being floated. Perhaps the disgruntled staff would volunteer for redundancy and leave the company for those who wish to be a part of its recovery.

Kubota 31st Oct 2001 02:29

Notice the silence?

Perhaps more than one person has recognised this as a thinly-veiled attempt at AOA bashing...

Two thoughts:

If you had posted this on FH forum, you would have had at least two other replies (ib57 and 411A) and,

DT and the merry men really have you believing, don't they? Recovery? You surely jest. Even suggesting that CX is in hospital is absurd.

grand slam 31st Oct 2001 04:23

Given the contempt you feel for the company, Kubota, I assume you will be leaving soon for pastures new.

The Prisoner 31st Oct 2001 05:11

I think you'll find our Kubota is an "A" scaler doing very nicely, thank you.Its the overtime that leads to 20000+ Quid/month, but no worries, theres no harm in biting the hand that feeds you, is there?

BusyB 31st Oct 2001 11:30

Well Jailbird, you must have been inside for more than 7 years if you think anyone does overtime!!! :D

Kubota 31st Oct 2001 14:02

Despite my better judgment, I will respond to your asinine reply, GS.

If I had ever earned the GBP20K a month that the prisoner believes I do, I would have had the $$$ in the bank a long time ago and left the clowns to run the circus.

From CX Interim Report 2001 (8 Aug 2001)


quote:
---------------------------------------------
For the six months ended 30 Jun 2001
Total turnover 15,843,000,000
Operating expenses 14,803,000,000
Operating profit 1,040,000,000
+ extras = profit before tax 1,451,000,000
Profit after tax 1,327,000,000
Company Reserves 32,147,000,000

Folks, that's 32 BILLION dollars. In JUNE this year.

Easy on the bile, GS, you'll live longer.

Traffic 31st Oct 2001 14:51

Let me extrapolate forward.

From CX Interim Report 2001 (8 Feb 2002)

For the six months ended 31 December 2001
Total turnover 14,000,000,000
Operating expenses 15,500,000,000
Operating profit (1,500,000,000)
Profit before tax (1,500,000,000
Company Reserves 30,647,000,000

All this means is that CX has more holding than many others. It may provide more options but does not grant immortality.

I will not replay my cracked record other than to say CX will be one of the survivors.

Let's just keep the voices down, turn the press off and work with what everyone has in common.Ask for due process and it will be granted. Start with demands and reason goes out the door.

As my old man used to say...don't try and teach a pig to sing. Firstly it wastes your time and secondly it only annoys the pig. Not sure what relevance this quote has but I quite like it...

Happy listening.

Traffic 31st Oct 2001 14:57

Kubota

As a matter of interest which VOR do you live near??? To:From:To:From:To:From could cause some confusion I would have thought.

Very Confucian really.

HotDog 31st Oct 2001 15:09

Hey Bubbles, I've been to Portmeiron, visited the dog cemetery even, courtesy of A scales FC Cx travel. Never bit the hand that fed me. Not a thing wrong with A scales. That was the COS on joining and now a remnant of well earned seniority; so what's your beef?

Kubota 31st Oct 2001 16:15

Traffic:

In a holding pattern.


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