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Search: Posts Made By: Progress Wanchai
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23rd Oct 2020, 23:53
Replies: 205
Views: 108,077
Posted By Progress Wanchai

I’ve no interest in comparing one base against...

I’ve no interest in comparing one base against another, but the flaws in your numbers need to be addressed so that people can fully understand what they’re faced with in regards to COS18.

There is...
12th Oct 2020, 00:38
Replies: 147
Views: 69,360
Posted By Progress Wanchai

I think you’re a little out of touch old boy. ...

I think you’re a little out of touch old boy.

The days of the minority shareholder dictating to the other 60% how CX will be run is over. How many board members is Swire down to? 6? Out of 17. 19...
30th Sep 2020, 08:46
Replies: 221
Views: 103,756
Posted By Progress Wanchai

Precisely. The company is losing close to...

Precisely.

The company is losing close to $100 million a day yet some on here think the timing of any change is dependent on the expiring of a rather meaningless agreement. Could someone point to...
21st Sep 2020, 12:55
Replies: 59
Views: 30,723
Posted By Progress Wanchai

Personally I doubt the snowflakes will go through...

Personally I doubt the snowflakes will go through unaffected.
12th Sep 2020, 03:28
Replies: 221
Views: 103,756
Posted By Progress Wanchai

This chat sums up pilots to a tee. Trying to...

This chat sums up pilots to a tee. Trying to solve a problem that doesn’t exist. Right now we don’t have a problem. This chat reminds me of a cadet trying to guess which engine may fail, at what...
8th Sep 2020, 23:43
Replies: 2,053
Views: 693,513
Posted By Progress Wanchai

Depends on the currency the loan was in ;) ...

Depends on the currency the loan was in ;)
Previously an adverse currency movement could be offset by a higher property valuation, but if valuations fall then that’s not possible.

Sure this won’t...
8th Sep 2020, 16:33
Replies: 2,053
Views: 693,513
Posted By Progress Wanchai

Been through many recessions? Despite the...

Been through many recessions?

Despite the few extra dollars being squirrelled away Australian households are still the second most indebted in the world. The margin calls on mortgages and the...
8th Sep 2020, 03:20
Replies: 153
Views: 66,777
Posted By Progress Wanchai

Its a conversation going on in pilot bars around...

Its a conversation going on in pilot bars around the world regarding CX management;

“They sacked 49 guys to intimidate the others, but I trust them.
They hired direct entry captains in breach of...
6th Sep 2020, 05:04
Replies: 6
Views: 3,698
Posted By Progress Wanchai

It might actually prove to be your major problem....

It might actually prove to be your major problem.

Until now roster control has meant lifestyle control. If its true you’ve got a productivity based pineapple coming to an orifice near you, then...
1st Sep 2020, 12:39
Replies: 153
Views: 66,777
Posted By Progress Wanchai

Because there is a process. Senior...

Because there is a process.

Senior management are designing what they believe is the right structure of the company.
Upon the completion of that process the board will be informed and will debate...
1st Sep 2020, 04:10
Replies: 221
Views: 103,756
Posted By Progress Wanchai

Could you be any more self centred? I gather...

Could you be any more self centred? I gather you’re unaware that 90% of the company’s workforce has no restrictions on who can be made redundant.
Management are working on the future size of the...
27th Aug 2020, 02:49
Replies: 1,238
Views: 366,959
Posted By Progress Wanchai

We’ll see more of this. In this case ticket...

We’ll see more of this. In this case ticket holders are essentially being offered ID0 standby tickets as a one for one replacement for a full fare confirmed ticket. With very little cost to the...
17th Aug 2020, 05:31
Replies: 58
Views: 32,081
Posted By Progress Wanchai

I suspect this would be the company’s preferred...

I suspect this would be the company’s preferred path rather than merely adjusting company policies. By using this option the company can tidy up a wish list of outstanding issues.

Some home owners...
16th Aug 2020, 15:01
Replies: 58
Views: 32,081
Posted By Progress Wanchai

The housing rental levels are contractural....

The housing rental levels are contractural. Sometimes you put too much emphasis on numbers while ignoring words. “adjusted to reflect market conditions in Hong Kong” while not being rock solid, is...
16th Aug 2020, 03:00
Replies: 58
Views: 32,081
Posted By Progress Wanchai

I’m not sure everyone quite understands what the...

I’m not sure everyone quite understands what the current arrangements are. Certainly the original poster is confused.


ARAPA has been gone for three years now and is highly unlikely to ever be...
13th Aug 2020, 11:54
Replies: 66
Views: 26,047
Posted By Progress Wanchai

I was tempted to comment that reply is beneath...

I was tempted to comment that reply is beneath you until I remembered you were raised as a public servant ;)

A pre-GFC sized airline would be about a 30% to 40% reduction on current size. Broadly...
13th Aug 2020, 10:50
Replies: 66
Views: 26,047
Posted By Progress Wanchai

The economy was in reasonable condition prior to...

The economy was in reasonable condition prior to 9/11 leaving a lot of room for reserve banks to adjust monetary policy. This time central banks are mere spectators to this slow motion train crash.
13th Aug 2020, 06:30
Replies: 66
Views: 26,047
Posted By Progress Wanchai

NC, I’ve always respected your opinion and...

NC,

I’ve always respected your opinion and do this time too. But any good pilot solves a problem by clarifying what the problem is. While a vaccine will undoubtedly save many lives, the problem...
9th Aug 2020, 16:41
Replies: 17
Views: 8,177
Posted By Progress Wanchai

The herd jumped off the cliff a decade ago. We’ve...

The herd jumped off the cliff a decade ago. We’ve enjoyed the free fall as the free fall never hurt anyone. We’ve enjoyed the trillions spent digging a hole at the base of the cliff like Wile E...
9th Aug 2020, 04:22
Replies: 17
Views: 8,177
Posted By Progress Wanchai

Who on earth thinks the West is enlightened or...

Who on earth thinks the West is enlightened or scientific?

Oh, that’s right. The West.

Its not a pandemic or our reaction to it that will affect future generations. It’s our greed using...
13th Jul 2020, 01:41
Replies: 72
Views: 40,625
Posted By Progress Wanchai

Exactly. Fear of losing a job can be every...

Exactly.

Fear of losing a job can be every bit as motivational as the reward of a pay rise. I’d be guessing but after the restructure is complete anyone still left here will probably have a sense...
9th Jul 2020, 10:01
Replies: 86
Views: 44,319
Posted By Progress Wanchai

Thanks Wobbly. I think the correct EO term is...

Thanks Wobbly.
I think the correct EO term is “wrongful termination of contract”. Unfortunately the penalties for the company are minuscule compared to the savings that could be made.

Knowing...
9th Jul 2020, 04:35
Replies: 86
Views: 44,319
Posted By Progress Wanchai

You’re correct that our contracts are quite clear...

You’re correct that our contracts are quite clear regarding redundancy and are legally enforceable. So take it to the next step. How will you ensure your contract is enforced or how will you seek...
29th Jun 2020, 16:30
Replies: 356
Views: 122,546
Posted By Progress Wanchai

I think you’ll find he said something along the...

I think you’ll find he said something along the lines of “room for two well managed airlines”.

The inference was very clear. His view is Australia has only had one well managed airline for a...
26th Jun 2020, 16:02
Replies: 1,238
Views: 366,959
Posted By Progress Wanchai

Why on earth would they do that? Sure, once...

Why on earth would they do that?

Sure, once and once only they’ll inform the creditors how much they’ll be screwed and that’s it. Venture Capitalists owning private companies aren’t in the...
Showing results 1 to 25 of 314
 


 
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