Discussion about CX- Unpaid Leave
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The airline said that preserving cash was "key to protecting" its business |
Based on past observation, I fully expect the Cathay pilots to unite, grab their ankles, and save the company once more.
Some discussion here: https://www.pprune.org/fragrant-harb...ave-offer.html |
Happening all across China. The Hainan Group already hanging by a thread has no choice. Other airlines will follow soon. The Asian aviation industry is in tatters right now.
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Expats China - forced unpaid leave
https://www.scmp.com/news/hong-kong/...s-among-crisis
Big numbers!!!!!! Per stats by VariFlight, 41 mainland Chinese airlines canceled 9461 out of a total 17,908 scheduled flights today Feb 1, an alarming cancellation rate of 55.33% China Southern scheduled: 2832 canceled: 1771 cancelation rate: 62.54% China Eastern scheduled: 2703 canceled: 1299 cancelation rate: 48.06% Air China scheduled: 1706 canceled: 829 cancelation rate: 48.59% Hainan Airlines scheduled: 930 canceled: 606 cancelation rate: 65.16% Xiamen Air scheduled: 909 canceled: 635 cancelation rate: 69.86% Shenzhen Airlines scheduled: 856 canceled: 410 cancelation rate: 47.90% Sichuan Airlines scheduled: 784 canceled: 388 cancelation rate: 49.49% Juneyao Airlines scheduled: 409 canceled: 206 cancelation rate: 50.37% Lucky Air scheduled: 295 canceled: 244 cancelation rate: 82.71% |
Drc40 ; Quite a lot going on at "Fragrant Harbour", some bits on here too .
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Thanks for pointing me towards the other topics. Mods can merge this were appropriate.
I feel bad for CX and all the other carriers. Wonder if the CEO and top brass at CX will be taking unpaid leave too? Ha! Highly doubtful. |
The Asian carriers may be the canaries in the coal mine here, as they are the fastest growing and hence the most leveraged. I cannot understand the relative unconcern shown to date by the industry.
Unless this outbreak is brought under control soon, start of spring art the latest, there will be dramatically less travel. No one wants to be stuck in quarantine after a flight or a cruise. Traffic in December was up 4.5% globally, based on IATA stats. The 2020 comparisons are likely to be negative. |
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