Dragon Air
Join Date: May 2006
Location: Under my hat
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by knackeredII
You seem to be having some difficulty grasping the fact that you will not be working for Dragonair. All this ambition to work for a company and you're applying for something else. A certain lack of foresight here. It may be Dragonair painted on the aircraft, but it will NOT be Dragonair.
Everyone is working for a different party under each contract for the aircraft.
Join Date: May 2006
Location: HKG
Posts: 6
Likes: 0
Received 0 Likes
on
0 Posts
Get real, plasma
"All new hires on the -400 get a senority number in the KA system and can bid off the -400 onto the Airbus for current Airbus package at the time.
Plasma,
what makes you think that you will be able to join the airbus fleet on the current airbus contract? This will never happen. KA will hire FCS pilots and they will always stay on that package.
This is KA way of introducing a new permanent C-scale and why would they EVER allow you to change to a liveable salary?????
All your info and comments sounds like you are from KA management trying to fool the rest of us.
Plasma,
what makes you think that you will be able to join the airbus fleet on the current airbus contract? This will never happen. KA will hire FCS pilots and they will always stay on that package.
This is KA way of introducing a new permanent C-scale and why would they EVER allow you to change to a liveable salary?????
All your info and comments sounds like you are from KA management trying to fool the rest of us.
Join Date: May 2006
Location: Under my hat
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by bbjetty
"All new hires on the -400 get a senority number in the KA system and can bid off the -400 onto the Airbus for current Airbus package at the time.
Plasma,
what makes you think that you will be able to join the airbus fleet on the current airbus contract? This will never happen. KA will hire FCS pilots and they will always stay on that package.
Plasma,
what makes you think that you will be able to join the airbus fleet on the current airbus contract? This will never happen. KA will hire FCS pilots and they will always stay on that package.
Nice sim btw..Booting around in the A330 was a blast.
Glad you enjoyed it 'cause you'll never get to do it for real.
Just understand lads - you seem hell bent on believing what they tell you in an interview.
THIS IS WHY WE ARE IN CONTRACT COMPLIANCE. Because they have bull****ted to us all, changed too many parts of our COS, not followed up on promises, not honoured our contracts - and you Wallys keep saying "it will be so because they told me in the interview." Get it through your thick gonks - we are fighting the company to get what we are promised and contractually obliged to receive. THAT IS WHY WE ARE FIGHTING THEM.
You guys are in fantasyland if you think that you, who are not familiar with the ways of the company, know more about how they operate than we who have worked here for years. I tend to think we may be in a bit better position to judge the integrity of what the company has to say in regard to what you can look forward to in the future. So stop telling us that we are wrong because you were told so in the interview. When you have been in the company for a few years then your opinion may hold some credence. Until then I shall trust our own judgements on what the company will offer in the future.
Just understand lads - you seem hell bent on believing what they tell you in an interview.
THIS IS WHY WE ARE IN CONTRACT COMPLIANCE. Because they have bull****ted to us all, changed too many parts of our COS, not followed up on promises, not honoured our contracts - and you Wallys keep saying "it will be so because they told me in the interview." Get it through your thick gonks - we are fighting the company to get what we are promised and contractually obliged to receive. THAT IS WHY WE ARE FIGHTING THEM.
You guys are in fantasyland if you think that you, who are not familiar with the ways of the company, know more about how they operate than we who have worked here for years. I tend to think we may be in a bit better position to judge the integrity of what the company has to say in regard to what you can look forward to in the future. So stop telling us that we are wrong because you were told so in the interview. When you have been in the company for a few years then your opinion may hold some credence. Until then I shall trust our own judgements on what the company will offer in the future.
Join Date: Mar 2001
Location: York International
Posts: 677
Likes: 0
Received 0 Likes
on
0 Posts
And to add to what Trevor says don't forget that those who interviewed you now have no authority at all, that has moved across the road. They do not know what is going to happen with the -400 now any more than you or I do.
Join Date: Jun 2000
Location: HK
Posts: 61
Likes: 0
Received 0 Likes
on
0 Posts
Hi Plasma
I won't get stuck in but I have to ask.
If you indeed do get a seniority number, and are able to bid for the Airbus fleet and contract, did they tell you what your freeze period is or how it works? Are you telling me that there will be NO new joiners on the Airbus fleet? That everyone will start on the 400 and move across?
I won't get stuck in but I have to ask.
If you indeed do get a seniority number, and are able to bid for the Airbus fleet and contract, did they tell you what your freeze period is or how it works? Are you telling me that there will be NO new joiners on the Airbus fleet? That everyone will start on the 400 and move across?
Join Date: May 2006
Location: Under my hat
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by CallButton
Hi Plasma
I won't get stuck in but I have to ask.
If you indeed do get a seniority number, and are able to bid for the Airbus fleet and contract, did they tell you what your freeze period is or how it works? Are you telling me that there will be NO new joiners on the Airbus fleet? That everyone will start on the 400 and move across?
I won't get stuck in but I have to ask.
If you indeed do get a seniority number, and are able to bid for the Airbus fleet and contract, did they tell you what your freeze period is or how it works? Are you telling me that there will be NO new joiners on the Airbus fleet? That everyone will start on the 400 and move across?
No, sorry if I was unclear.
I was being specific on the circumstances of new joiners under the -400 program.
The -400, like ANY fleet, has a two year freeze. After that should there be an opening you may bid and based on your senority recieve. All -400 joiners will share a common senority with the Airbus and Classic crews.
I have no idea if there will still be new hires on the Airbus.. I didn't mention it in my post.
Join Date: May 2006
Location: Under my hat
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Trevor the lover
Glad you enjoyed it 'cause you'll never get to do it for real.
Just understand lads - you seem hell bent on believing what they tell you in an interview.
THIS IS WHY WE ARE IN CONTRACT COMPLIANCE. Because they have bull****ted to us all, changed too many parts of our COS, not followed up on promises, not honoured our contracts - and you Wallys keep saying "it will be so because they told me in the interview." Get it through your thick gonks - we are fighting the company to get what we are promised and contractually obliged to receive. THAT IS WHY WE ARE FIGHTING THEM.
You guys are in fantasyland if you think that you, who are not familiar with the ways of the company, know more about how they operate than we who have worked here for years. I tend to think we may be in a bit better position to judge the integrity of what the company has to say in regard to what you can look forward to in the future. So stop telling us that we are wrong because you were told so in the interview. When you have been in the company for a few years then your opinion may hold some credence. Until then I shall trust our own judgements on what the company will offer in the future.
Just understand lads - you seem hell bent on believing what they tell you in an interview.
THIS IS WHY WE ARE IN CONTRACT COMPLIANCE. Because they have bull****ted to us all, changed too many parts of our COS, not followed up on promises, not honoured our contracts - and you Wallys keep saying "it will be so because they told me in the interview." Get it through your thick gonks - we are fighting the company to get what we are promised and contractually obliged to receive. THAT IS WHY WE ARE FIGHTING THEM.
You guys are in fantasyland if you think that you, who are not familiar with the ways of the company, know more about how they operate than we who have worked here for years. I tend to think we may be in a bit better position to judge the integrity of what the company has to say in regard to what you can look forward to in the future. So stop telling us that we are wrong because you were told so in the interview. When you have been in the company for a few years then your opinion may hold some credence. Until then I shall trust our own judgements on what the company will offer in the future.
Join Date: Mar 2001
Location: York International
Posts: 677
Likes: 0
Received 0 Likes
on
0 Posts
Plasma, did they tell you a 2yr freeze or are you inferring it from your limited knowledge of KA? I have been told that the -400 will be a 4yr freeze following their experience with the classic where retraining costs due to inter-fleet movement has been much higher than they anticipated.
To move there has to be a vacancy, who knows what will happen, but the KA airbus fleet is likely to shrink under CX as green jets do PVG, PEK and TPE.
Also you are going to be junior to lots of CX SOs for that move, it could take even longer than 4yrs. All this is of course hypothetical as we are not likely to ever see the -400 with KA, it will now go direct to CX.
To move there has to be a vacancy, who knows what will happen, but the KA airbus fleet is likely to shrink under CX as green jets do PVG, PEK and TPE.
Also you are going to be junior to lots of CX SOs for that move, it could take even longer than 4yrs. All this is of course hypothetical as we are not likely to ever see the -400 with KA, it will now go direct to CX.
Join Date: May 2006
Location: Under my hat
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Fly747
Plasma, did they tell you a 2yr freeze or are you inferring it from your limited knowledge of KA? I have been told that the -400 will be a 4yr freeze following their experience with the classic where retraining costs due to inter-fleet movement has been much higher than they anticipated.
To move there has to be a vacancy, who knows what will happen, but the KA airbus fleet is likely to shrink under CX as green jets do PVG, PEK and TPE.
Also you are going to be junior to lots of CX SOs for that move, it could take even longer than 4yrs. All this is of course hypothetical as we are not likely to ever see the -400 with KA, it will now go direct to CX.
To move there has to be a vacancy, who knows what will happen, but the KA airbus fleet is likely to shrink under CX as green jets do PVG, PEK and TPE.
Also you are going to be junior to lots of CX SOs for that move, it could take even longer than 4yrs. All this is of course hypothetical as we are not likely to ever see the -400 with KA, it will now go direct to CX.
No, I asked specifically. I wanted the Airbus initially and was offered this.
2 year freeze according to M. K.
So I am keen to get off it asap. It would appear that it is all up in the air at the moment. I happy I got thru both interviews and the sim..if I was offererd a SO slot on -400 that would be fine too.
Join Date: Aug 2001
Location: Planet Earth
Posts: 173
Likes: 0
Received 0 Likes
on
0 Posts
All A Mute Point?
Cathay seals Dragonair deal, taking lead in China
By Donald Greenlees International Herald Tribune
Published: June 9, 2006
HONG KONG Cathay Pacific Airways emerged Friday as the leading airline based outside mainland China to serve the booming Chinese aviation market with its announcement of a long-heralded takeover of Dragonair, a small local competitor with lucrative routes to mainland cities.
Cathay's purchase of Hong Kong Dragon Airlines is the centerpiece of a complex series of transactions that also shuffles ownership of Hong Kong-based Cathay and Air China, the mainland's largest international airline. The deal forges an alliance between the two carriers that shakes up the Chinese aviation market and cements their place as the main feeders of international air travelers into China.
Cathay will spend 12.3 billion Hong Kong dollars, or $1.6 billion, buying the 82 percent of Dragonair that it does not already own from shareholders, including an Air China subsidiary. It will also double its stake in Air China to 20 percent. In turn, Air China will buy $692 million of Cathay shares, lifting the total stake it holds in the company with a subsidiary to 17.5 percent.
The deal is the culmination of two years of on-and-off discussions as the owners of Cathay, Air China and Dragonair maneuvered over price, the details of an operating partnership and regulatory issues. While Cathay ultimately paid a substantial premium for Dragonair, participants and analysts characterized the outcome Friday as a win-win arrangement that would significantly increase the competitiveness of Cathay and Air China in the highly contested Chinese market.
For Cathay, the deal addresses the longstanding frustration that it has only been able to fly directly to two destinations - Beijing and Xiamen - in what it regards as its hinterland market. Dragonair flies to two Chinese cities, including servicing the rich Hong Kong-Shanghai route. Cathay will be able to better coordinate connections through Hong Kong into China and offer more competitive prices for flights to Chinese cities from overseas destinations.
A significant byproduct of the takeover deal will be to confirm the international airports of Hong Kong and Beijing as major regional airline hubs and gateways to China.
Christopher Pratt, chairman of Swire Pacific, the major stakeholder in Cathay, said the deal heralded "a new era for our growth and the development of the aviation industry" in China and Hong Kong. "We will reinforce Hong Kong and Beijing's position as primary aviation hubs in the Asia-Pacific region and provide a platform for growth and expansion into the mainland, the regional and internationally," Pratt was quoted as saying by Agence France-Presse.
Analysts said the deal positioned both Air China and Cathay to exploit the rapid growth in the passenger market in China. This year combined domestic and international passenger volumes in China are expected to reach 180 million, making it the second biggest global aviation market after the United States..
"The amount of demand coming in and out of China for passengers and freight is unprecedented," said Martin Craigs, president of Aerospace Forum Asia, an industry chamber.
"Clearly, like any good deal, there are many winners," he said. Air China, Craigs said, would gain "an immediately enhanced international network and a platform for them to build up their own services," and he said, " it's a golden opportunity for Cathay to build on Air China's comprehensive network." He also said Hong Kong and Beijing would benefit because the "effectiveness of air services are what makes great cities in the 21st century."
Under an operating agreement, Air China will be responsible for all of Cathay's passenger sales on the mainland and Cathay will be responsible for Air China's sales in Hong Kong, Macao and Taiwan. The two will expand a code-sharing agreement, develop joint venture routes between Hong Kong and Chinese cities, and form a cargo joint venture in Shanghai.
The deal also required negotiations among a number of parties over a significant reordering of the ownership structure of Cathay and Air China. London-based conglomerate Swire Pacific, the largest shareholder in Cathay, and Citic Pacific will reduce their holdings in Cathay to 40 percent and 17.5 percent respectively. Air China will for the first time take a direct stake in Cathay by buying a 10.16 percent shareholding.
China National Aviation, a subsidiary of Air China, will sell its 43.29 percent in Dragonair to Cathay and Citic Pacific will give up a 28.5 percent stake in the airline.
Cathay's shares, resuming trade after Monday's suspension, got an immediate boost from the announcement, rising 6.9 percent, or 90 cents, to 13.85 dollars. Air China shares slipped 2.4 percent, or 5 cents, to 3.03 dollars.
HONG KONG Cathay Pacific Airways emerged Friday as the leading airline based outside mainland China to serve the booming Chinese aviation market with its announcement of a long-heralded takeover of Dragonair, a small local competitor with lucrative routes to mainland cities.
Cathay's purchase of Hong Kong Dragon Airlines is the centerpiece of a complex series of transactions that also shuffles ownership of Hong Kong-based Cathay and Air China, the mainland's largest international airline. The deal forges an alliance between the two carriers that shakes up the Chinese aviation market and cements their place as the main feeders of international air travelers into China.
Cathay will spend 12.3 billion Hong Kong dollars, or $1.6 billion, buying the 82 percent of Dragonair that it does not already own from shareholders, including an Air China subsidiary. It will also double its stake in Air China to 20 percent. In turn, Air China will buy $692 million of Cathay shares, lifting the total stake it holds in the company with a subsidiary to 17.5 percent.
The deal is the culmination of two years of on-and-off discussions as the owners of Cathay, Air China and Dragonair maneuvered over price, the details of an operating partnership and regulatory issues. While Cathay ultimately paid a substantial premium for Dragonair, participants and analysts characterized the outcome Friday as a win-win arrangement that would significantly increase the competitiveness of Cathay and Air China in the highly contested Chinese market.
For Cathay, the deal addresses the longstanding frustration that it has only been able to fly directly to two destinations - Beijing and Xiamen - in what it regards as its hinterland market. Dragonair flies to two Chinese cities, including servicing the rich Hong Kong-Shanghai route. Cathay will be able to better coordinate connections through Hong Kong into China and offer more competitive prices for flights to Chinese cities from overseas destinations.
A significant byproduct of the takeover deal will be to confirm the international airports of Hong Kong and Beijing as major regional airline hubs and gateways to China.
Christopher Pratt, chairman of Swire Pacific, the major stakeholder in Cathay, said the deal heralded "a new era for our growth and the development of the aviation industry" in China and Hong Kong. "We will reinforce Hong Kong and Beijing's position as primary aviation hubs in the Asia-Pacific region and provide a platform for growth and expansion into the mainland, the regional and internationally," Pratt was quoted as saying by Agence France-Presse.
Analysts said the deal positioned both Air China and Cathay to exploit the rapid growth in the passenger market in China. This year combined domestic and international passenger volumes in China are expected to reach 180 million, making it the second biggest global aviation market after the United States..
"The amount of demand coming in and out of China for passengers and freight is unprecedented," said Martin Craigs, president of Aerospace Forum Asia, an industry chamber.
"Clearly, like any good deal, there are many winners," he said. Air China, Craigs said, would gain "an immediately enhanced international network and a platform for them to build up their own services," and he said, " it's a golden opportunity for Cathay to build on Air China's comprehensive network." He also said Hong Kong and Beijing would benefit because the "effectiveness of air services are what makes great cities in the 21st century."
Under an operating agreement, Air China will be responsible for all of Cathay's passenger sales on the mainland and Cathay will be responsible for Air China's sales in Hong Kong, Macao and Taiwan. The two will expand a code-sharing agreement, develop joint venture routes between Hong Kong and Chinese cities, and form a cargo joint venture in Shanghai.
The deal also required negotiations among a number of parties over a significant reordering of the ownership structure of Cathay and Air China. London-based conglomerate Swire Pacific, the largest shareholder in Cathay, and Citic Pacific will reduce their holdings in Cathay to 40 percent and 17.5 percent respectively. Air China will for the first time take a direct stake in Cathay by buying a 10.16 percent shareholding.
China National Aviation, a subsidiary of Air China, will sell its 43.29 percent in Dragonair to Cathay and Citic Pacific will give up a 28.5 percent stake in the airline.
Cathay's shares, resuming trade after Monday's suspension, got an immediate boost from the announcement, rising 6.9 percent, or 90 cents, to 13.85 dollars. Air China shares slipped 2.4 percent, or 5 cents, to 3.03 dollars.
By Donald Greenlees International Herald Tribune
Published: June 9, 2006
HONG KONG Cathay Pacific Airways emerged Friday as the leading airline based outside mainland China to serve the booming Chinese aviation market with its announcement of a long-heralded takeover of Dragonair, a small local competitor with lucrative routes to mainland cities.
Cathay's purchase of Hong Kong Dragon Airlines is the centerpiece of a complex series of transactions that also shuffles ownership of Hong Kong-based Cathay and Air China, the mainland's largest international airline. The deal forges an alliance between the two carriers that shakes up the Chinese aviation market and cements their place as the main feeders of international air travelers into China.
Cathay will spend 12.3 billion Hong Kong dollars, or $1.6 billion, buying the 82 percent of Dragonair that it does not already own from shareholders, including an Air China subsidiary. It will also double its stake in Air China to 20 percent. In turn, Air China will buy $692 million of Cathay shares, lifting the total stake it holds in the company with a subsidiary to 17.5 percent.
The deal is the culmination of two years of on-and-off discussions as the owners of Cathay, Air China and Dragonair maneuvered over price, the details of an operating partnership and regulatory issues. While Cathay ultimately paid a substantial premium for Dragonair, participants and analysts characterized the outcome Friday as a win-win arrangement that would significantly increase the competitiveness of Cathay and Air China in the highly contested Chinese market.
For Cathay, the deal addresses the longstanding frustration that it has only been able to fly directly to two destinations - Beijing and Xiamen - in what it regards as its hinterland market. Dragonair flies to two Chinese cities, including servicing the rich Hong Kong-Shanghai route. Cathay will be able to better coordinate connections through Hong Kong into China and offer more competitive prices for flights to Chinese cities from overseas destinations.
A significant byproduct of the takeover deal will be to confirm the international airports of Hong Kong and Beijing as major regional airline hubs and gateways to China.
Christopher Pratt, chairman of Swire Pacific, the major stakeholder in Cathay, said the deal heralded "a new era for our growth and the development of the aviation industry" in China and Hong Kong. "We will reinforce Hong Kong and Beijing's position as primary aviation hubs in the Asia-Pacific region and provide a platform for growth and expansion into the mainland, the regional and internationally," Pratt was quoted as saying by Agence France-Presse.
Analysts said the deal positioned both Air China and Cathay to exploit the rapid growth in the passenger market in China. This year combined domestic and international passenger volumes in China are expected to reach 180 million, making it the second biggest global aviation market after the United States..
"The amount of demand coming in and out of China for passengers and freight is unprecedented," said Martin Craigs, president of Aerospace Forum Asia, an industry chamber.
"Clearly, like any good deal, there are many winners," he said. Air China, Craigs said, would gain "an immediately enhanced international network and a platform for them to build up their own services," and he said, " it's a golden opportunity for Cathay to build on Air China's comprehensive network." He also said Hong Kong and Beijing would benefit because the "effectiveness of air services are what makes great cities in the 21st century."
Under an operating agreement, Air China will be responsible for all of Cathay's passenger sales on the mainland and Cathay will be responsible for Air China's sales in Hong Kong, Macao and Taiwan. The two will expand a code-sharing agreement, develop joint venture routes between Hong Kong and Chinese cities, and form a cargo joint venture in Shanghai.
The deal also required negotiations among a number of parties over a significant reordering of the ownership structure of Cathay and Air China. London-based conglomerate Swire Pacific, the largest shareholder in Cathay, and Citic Pacific will reduce their holdings in Cathay to 40 percent and 17.5 percent respectively. Air China will for the first time take a direct stake in Cathay by buying a 10.16 percent shareholding.
China National Aviation, a subsidiary of Air China, will sell its 43.29 percent in Dragonair to Cathay and Citic Pacific will give up a 28.5 percent stake in the airline.
Cathay's shares, resuming trade after Monday's suspension, got an immediate boost from the announcement, rising 6.9 percent, or 90 cents, to 13.85 dollars. Air China shares slipped 2.4 percent, or 5 cents, to 3.03 dollars.
HONG KONG Cathay Pacific Airways emerged Friday as the leading airline based outside mainland China to serve the booming Chinese aviation market with its announcement of a long-heralded takeover of Dragonair, a small local competitor with lucrative routes to mainland cities.
Cathay's purchase of Hong Kong Dragon Airlines is the centerpiece of a complex series of transactions that also shuffles ownership of Hong Kong-based Cathay and Air China, the mainland's largest international airline. The deal forges an alliance between the two carriers that shakes up the Chinese aviation market and cements their place as the main feeders of international air travelers into China.
Cathay will spend 12.3 billion Hong Kong dollars, or $1.6 billion, buying the 82 percent of Dragonair that it does not already own from shareholders, including an Air China subsidiary. It will also double its stake in Air China to 20 percent. In turn, Air China will buy $692 million of Cathay shares, lifting the total stake it holds in the company with a subsidiary to 17.5 percent.
The deal is the culmination of two years of on-and-off discussions as the owners of Cathay, Air China and Dragonair maneuvered over price, the details of an operating partnership and regulatory issues. While Cathay ultimately paid a substantial premium for Dragonair, participants and analysts characterized the outcome Friday as a win-win arrangement that would significantly increase the competitiveness of Cathay and Air China in the highly contested Chinese market.
For Cathay, the deal addresses the longstanding frustration that it has only been able to fly directly to two destinations - Beijing and Xiamen - in what it regards as its hinterland market. Dragonair flies to two Chinese cities, including servicing the rich Hong Kong-Shanghai route. Cathay will be able to better coordinate connections through Hong Kong into China and offer more competitive prices for flights to Chinese cities from overseas destinations.
A significant byproduct of the takeover deal will be to confirm the international airports of Hong Kong and Beijing as major regional airline hubs and gateways to China.
Christopher Pratt, chairman of Swire Pacific, the major stakeholder in Cathay, said the deal heralded "a new era for our growth and the development of the aviation industry" in China and Hong Kong. "We will reinforce Hong Kong and Beijing's position as primary aviation hubs in the Asia-Pacific region and provide a platform for growth and expansion into the mainland, the regional and internationally," Pratt was quoted as saying by Agence France-Presse.
Analysts said the deal positioned both Air China and Cathay to exploit the rapid growth in the passenger market in China. This year combined domestic and international passenger volumes in China are expected to reach 180 million, making it the second biggest global aviation market after the United States..
"The amount of demand coming in and out of China for passengers and freight is unprecedented," said Martin Craigs, president of Aerospace Forum Asia, an industry chamber.
"Clearly, like any good deal, there are many winners," he said. Air China, Craigs said, would gain "an immediately enhanced international network and a platform for them to build up their own services," and he said, " it's a golden opportunity for Cathay to build on Air China's comprehensive network." He also said Hong Kong and Beijing would benefit because the "effectiveness of air services are what makes great cities in the 21st century."
Under an operating agreement, Air China will be responsible for all of Cathay's passenger sales on the mainland and Cathay will be responsible for Air China's sales in Hong Kong, Macao and Taiwan. The two will expand a code-sharing agreement, develop joint venture routes between Hong Kong and Chinese cities, and form a cargo joint venture in Shanghai.
The deal also required negotiations among a number of parties over a significant reordering of the ownership structure of Cathay and Air China. London-based conglomerate Swire Pacific, the largest shareholder in Cathay, and Citic Pacific will reduce their holdings in Cathay to 40 percent and 17.5 percent respectively. Air China will for the first time take a direct stake in Cathay by buying a 10.16 percent shareholding.
China National Aviation, a subsidiary of Air China, will sell its 43.29 percent in Dragonair to Cathay and Citic Pacific will give up a 28.5 percent stake in the airline.
Cathay's shares, resuming trade after Monday's suspension, got an immediate boost from the announcement, rising 6.9 percent, or 90 cents, to 13.85 dollars. Air China shares slipped 2.4 percent, or 5 cents, to 3.03 dollars.
Join Date: May 2006
Location: HKG
Posts: 6
Likes: 0
Received 0 Likes
on
0 Posts
IFALPA ban is still on...
Remember that you most likely will be stuck in Hong Kong (or Africa) for the rest of your workinglife if you accept the job in KA during the IFALPA ban.
And chances are that you will not make any more money than on the current FCS contract. Just look at the recent pay scale reductions/proposals in CX as described on Fragrant Farbour: 30 % cut!!!!!!!
My earlier mentioned chinese family is very realistic, indeed.
And chances are that you will not make any more money than on the current FCS contract. Just look at the recent pay scale reductions/proposals in CX as described on Fragrant Farbour: 30 % cut!!!!!!!
My earlier mentioned chinese family is very realistic, indeed.
Join Date: Feb 2002
Location: UK
Posts: 155
Likes: 0
Received 0 Likes
on
0 Posts
If they are such liars and are going to ruin your life then leave. I have seen post after post here on a mass walk out, and it has never happened. There are a million Airbus jobs out there. It's easy enough to get one. If you are so unhappy - leave.
Did I mention gratuity??
Join Date: May 2006
Location: Under my hat
Posts: 27
Likes: 0
Received 0 Likes
on
0 Posts
Ban is on , but several Dragon Pilots bid on June 2nd for the B747-400 Captain slots..nice double standard..
I do not want to rehash.. Most likely NONE of the interviewies will be hired. Second most likely, if hired we will end up as SO's on Cathay's side when they take the -400's. My hopes are not high for getting this job.
Ban or no ban, circumstances have changed for everyone. It is entirely likely there may be a new narrowbody pay scale if CX is more hands on.. who knows.
Regardless, I enjoyed my visit to HKG, met up some friends at KA and CX, burned around in a A330 and got drunk in LKF..it was a great experience overall.
I do not want to rehash.. Most likely NONE of the interviewies will be hired. Second most likely, if hired we will end up as SO's on Cathay's side when they take the -400's. My hopes are not high for getting this job.
Ban or no ban, circumstances have changed for everyone. It is entirely likely there may be a new narrowbody pay scale if CX is more hands on.. who knows.
Regardless, I enjoyed my visit to HKG, met up some friends at KA and CX, burned around in a A330 and got drunk in LKF..it was a great experience overall.
Sprucegoose
Join Date: Sep 2000
Location: Hughes Point, where life is great! Was also resident on page 13, but now I'm lost in Cyberspace....
Age: 59
Posts: 3,485
Likes: 0
Received 1 Like
on
1 Post
Has anyone been hired?
Just wondering if any applicants have been hired? All I know who attended, including myself failed to make it through the morning interview...
Cheers, HH.
Cheers, HH.
Last edited by Howard Hughes; 14th Jun 2006 at 11:04.
Join Date: Jun 2000
Location: HK
Posts: 61
Likes: 0
Received 0 Likes
on
0 Posts
(w)hored??!!
Had to have a laugh when I saw that typo HH!
Sorry to hear that you were unsuccessful. Did you get a chance at the sim? Or did they tell you straight away. If they did I would suspect that the decision was made before the interview and was no reflection on you.
Plas, the ban is to stop externals jumping the KA seniority system. What double standard (applying for a position in your own company)?
Had to have a laugh when I saw that typo HH!
Sorry to hear that you were unsuccessful. Did you get a chance at the sim? Or did they tell you straight away. If they did I would suspect that the decision was made before the interview and was no reflection on you.
Plas, the ban is to stop externals jumping the KA seniority system. What double standard (applying for a position in your own company)?
Sprucegoose
Join Date: Sep 2000
Location: Hughes Point, where life is great! Was also resident on page 13, but now I'm lost in Cyberspace....
Age: 59
Posts: 3,485
Likes: 0
Received 1 Like
on
1 Post
Originally Posted by CallButton
Sorry to hear that you were unsuccessful. Did you get a chance at the sim? Or did they tell you straight away. If they did I would suspect that the decision was made before the interview and was no reflection on you.
I enjoyed my trip to Hong Kong, what a great place, it was quite different to what I had imagined and definately a place I could live. I also enjoyed my sim practice on the Airbus, at least if nothing else I know that I am capable now!
Thanks to all who helped me prepare for the interview, your help was invaluable.
Cheers, HH.
Join Date: Sep 2004
Location: Singapore
Posts: 166
Likes: 0
Received 0 Likes
on
0 Posts
HH
Despite our industrial tiff, I am sincerely sorry to see you missed out. It is unfair not to have any feed back. You now do not know as to whether you were a pawn in the whole affair, or just duffed the HR interview.
There are a few guys in KA who missed out first time with HR, bought a new suit, started afresh and got in second time. Good luck in the future!
Despite our industrial tiff, I am sincerely sorry to see you missed out. It is unfair not to have any feed back. You now do not know as to whether you were a pawn in the whole affair, or just duffed the HR interview.
There are a few guys in KA who missed out first time with HR, bought a new suit, started afresh and got in second time. Good luck in the future!
Sprucegoose
Join Date: Sep 2000
Location: Hughes Point, where life is great! Was also resident on page 13, but now I'm lost in Cyberspace....
Age: 59
Posts: 3,485
Likes: 0
Received 1 Like
on
1 Post
Gidday And Then,
I may very well have duffed the HR interview as many have before, or perhaps it was my cheap suit!!
I just find it very funny that many seem to have missed out, perhaps we were all, 'unsuitable'...
Good luck to you too, hope everything works out for the better with the take over and the industrial troubles are sorted out.
Cheers, HH.
I may very well have duffed the HR interview as many have before, or perhaps it was my cheap suit!!
I just find it very funny that many seem to have missed out, perhaps we were all, 'unsuitable'...Good luck to you too, hope everything works out for the better with the take over and the industrial troubles are sorted out.
Cheers, HH.