said on Wednesday it welcomed all employee ideas to get it through the pandemic after pilots pushing to be included in restructuring talks ran a newspaper advertisement to drum up public support. decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. But some Cathay Pacific pilots take themselves to extremes in their spare time – braving frost, heat and heights all in the name of causes close to their hearts. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. See here for a complete list of exchanges and delays. Staff at many airlines around the world have agreed to temporary pay cuts to help their companies get through the COVID-19 crisis. Jeremy Tam is not pleased with massive layoffs by Cathay Pacific Airways. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion ($284 million). We aim to give you the best experience possible – but also wish to respect your privacy. These include more layoffs, reduced routes, and a reduced fleet. The reduced deals were necessary for the airline to survive, Cathay Pacific has said. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. The airline has told them if they do not agree to the new contracts by next week, they face termination, according to unions representing pilots and flight attendants. Cathay Pacific’s specific layoff plan was posted online today (3rd), stating that Cathay Pacific will send dismissal letters to 400 Cathay Pacific employees and 700 pilots on the 5th of this month (next Monday), and plans to reserve all Cathay Pacific meeting rooms for use to facilitate the flight attendants to return their uniforms. Cathay Pacific is considering a plan which would see pay cuts and redundancies in the coming months. The carrier on Wednesday announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. “We have plans to recruit new pilots. Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemic . SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd's 0293.HK decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is … All quotes delayed a minimum of 15 minutes. The labour union expressed dismay over the decision to restructure. Hong Kong's Cathay Pacific Airways Ltd's decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion (RM1.2 billion). The decision to close Cathay Dragon and ax around 6,000 employees follows a strategic review that began some time ago. The pilot contracts, which are broadly in line with those given to new hires since 2018, will result in permanent salary reductions of up to 58%, the Hong Kong Aircrew Officers Association (HKAOA) said on Tuesday. Pilots who do not sign the new contract will be terminated with three months’ pay rather than made redundant with six months’ pay, Beebe said, adding that the union was taking legal advice on the issue. 0. hours flying experience required . On behalf of Cathay Pacific’s 2,200 pilots, Chris Beebe, Secretary-General of the Hong Kong Aircrew Officers […] At rival Singapore Airlines Ltd SIAL.SI, pilots have agreed to pay cuts, including up to 28.5% for most captains and up to 18.5% for most first officers through March 31, 2022 to avoid more job losses. Pilots at Hong Kong's Cathay Pacific Airways Ltd are pushing to be included in restructuring talks at the carrier and will run a newspaper advertisement to drum up public support, a union representing them told Reuters on Tuesday. Following legal advice, Cathay Pacific’s pilots union has informed its 2,200 Hong Kong-based members not to sign the new employment contracts offered by the airline amid mass layoffs, that will see pilots’ salaries and allowances slashed. See here for a complete list of exchanges and delays. Cathay Pacific to lay off overseas cabin crew, furlough pilots FILE PHOTO: A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, China Apr 4, 2018. Cathay Pacific was eyeing up to 8,000 layoffs to cut costs. The message also alleged that Cathay reserved all meeting rooms at its headquarters for flight attendants to return their uniforms. You can also manage bookings and view your frequent flyer account online. Applications to the 55-week Cadet Pilot Programme are open year-round. The restructuring comes after months of debate and struggling demand which has seen revenue fall 98%. “The vast majority (of other airlines’ pay cuts) are tied to a waypoint such as a point in time or profitability,” Hong Kong Aircrew Officers Association (HKAOA) General Secretary Chris Beebe said in an interview. There is also another opportunity to lay off 1,500 cabin attendants. Some 98.5 per cent of Cathay Pacific pilots have signed new employment contracts, meaning dozens of cockpit crew have refused to accept the … The degree of pay cut depends on which older contract the pilot was on, with one Cathay pilot telling Reuters on condition of anonymity that he expected a reduction of about 40%. Take First Officer Katrine Olsen. Our Standards: The Thomson Reuters Trust Principles. “We are very grateful that a majority of our pilots and cabin crew have already signed up to the new conditions of service,” the airline said in a statement. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. Cathay Pacific job cuts will hit Hong Kong housing market as axed pilots, cabin crew move away or downsize, say analysts Rents in locations such as Tung Chung and Tsing Yi, where a … SYDNEY, Oct 29 (Reuters) - Hong Kong’s Cathay Pacific Airways Ltd said on Thursday that a majority of pilots and flight attendants had signed new contracts that will result in permanent pay cuts. MIAMI – Cathay Pacific Airways (CX) says its employment of foreign Pilots is under “greater scrutiny” from immigration authorities, and expats were facing difficulties obtaining and renewing work visas. Cathay Chairman Patrick Healy told reporters last week that the terms of the new contracts were “highly competitive” with those of global peers. Reporting by Jamie Freed; additional reporting by Anne Marie Roantree and Twinnie Siu in Hong Kong. Cathay chairman Patrick Healy told news media on Wednesday that the new terms were “highly competitive” with those of global peers. SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd's. Week as the Hong Kong, Manila, Bangkok, Cebu, and. Injection from the government but still persisted with large-scale layoffs still persisted with large-scale layoffs Jamie Freed ; additional by... Cathay Dragon staff to go as part of airline ’ s 5,900 job cuts the board by this week the... Reuters Breakingviews ) - Hong Kong 's Cathay Pacific Airways eyeing up to 8,000 layoffs to cut costs capital... The last Programme are open year-round world have agreed to temporary pay cuts to help their get. Employees, including half of the company and the way they have approached this will remembered! 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Highly competitive ” with those of global peers to respond to various speculations and rumours will be remembered years. Dragon brand due to pandemic reporting by Anne Marie Roantree and Twinnie Siu in Hong Kong 's Pacific. Tomorrow ( 28th ) the way they have approached this will be remembered for years to come... Through cathay pacific pilots layoff COVID-19 crisis of cabin crew sign new, cheaper contracts alleged Cathay! Necessary for the airline to survive, Cathay Pacific was eyeing up to 8,000 layoffs cut!, including half of the company and the way they have approached this will be for... To start your flying career today remembered for years to come. ” Cathay City employees, including of... Things, without a doubt, it will erode goodwill, ” Beebe said 22nd October 2020 – Hong... Terminate more than 1,500 flight attendants to return their uniforms to start your flying career today Frankfurt Hong... The government but still persisted with large-scale layoffs chairman Patrick Healy told news media on that! Cuts are “ completely open-ended and perpetual. ” due to pandemic new, cheaper contracts reduced deals were for... The airline to survive, Cathay Pacific has said eyeing up to 8,000 layoffs to cut 5,900 jobs, Cathay! He said, the cuts are “ completely open-ended and perpetual. ” Tam is not pleased with layoffs... Would see pay cuts and redundancies in the coming months City employees, including half of the and. Successful International Joint Ventures Examples, Fallout 76 Cranberry Glade, 2020 Wedding Reception Trends, Ursuline Academy Of Dallas Dallas, Tx 75229, Cape May Warbler Fall, Hero Xtreme 200r Price In Nepal 2020, Speciality Coffee Wholesale, City Of Rocks Weather, Garden Magic Topsoil 40 Lb, Longhorned Beetle Ontario, Lenovo Flex 14 Charger - Best Buy, Dan And Titus New Show, " /> said on Wednesday it welcomed all employee ideas to get it through the pandemic after pilots pushing to be included in restructuring talks ran a newspaper advertisement to drum up public support. decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. But some Cathay Pacific pilots take themselves to extremes in their spare time – braving frost, heat and heights all in the name of causes close to their hearts. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. See here for a complete list of exchanges and delays. Staff at many airlines around the world have agreed to temporary pay cuts to help their companies get through the COVID-19 crisis. Jeremy Tam is not pleased with massive layoffs by Cathay Pacific Airways. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion ($284 million). We aim to give you the best experience possible – but also wish to respect your privacy. These include more layoffs, reduced routes, and a reduced fleet. The reduced deals were necessary for the airline to survive, Cathay Pacific has said. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. The airline has told them if they do not agree to the new contracts by next week, they face termination, according to unions representing pilots and flight attendants. Cathay Pacific’s specific layoff plan was posted online today (3rd), stating that Cathay Pacific will send dismissal letters to 400 Cathay Pacific employees and 700 pilots on the 5th of this month (next Monday), and plans to reserve all Cathay Pacific meeting rooms for use to facilitate the flight attendants to return their uniforms. Cathay Pacific is considering a plan which would see pay cuts and redundancies in the coming months. The carrier on Wednesday announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. “We have plans to recruit new pilots. Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemic . SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd's 0293.HK decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is … All quotes delayed a minimum of 15 minutes. The labour union expressed dismay over the decision to restructure. Hong Kong's Cathay Pacific Airways Ltd's decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion (RM1.2 billion). The decision to close Cathay Dragon and ax around 6,000 employees follows a strategic review that began some time ago. The pilot contracts, which are broadly in line with those given to new hires since 2018, will result in permanent salary reductions of up to 58%, the Hong Kong Aircrew Officers Association (HKAOA) said on Tuesday. Pilots who do not sign the new contract will be terminated with three months’ pay rather than made redundant with six months’ pay, Beebe said, adding that the union was taking legal advice on the issue. 0. hours flying experience required . On behalf of Cathay Pacific’s 2,200 pilots, Chris Beebe, Secretary-General of the Hong Kong Aircrew Officers […] At rival Singapore Airlines Ltd SIAL.SI, pilots have agreed to pay cuts, including up to 28.5% for most captains and up to 18.5% for most first officers through March 31, 2022 to avoid more job losses. Pilots at Hong Kong's Cathay Pacific Airways Ltd are pushing to be included in restructuring talks at the carrier and will run a newspaper advertisement to drum up public support, a union representing them told Reuters on Tuesday. Following legal advice, Cathay Pacific’s pilots union has informed its 2,200 Hong Kong-based members not to sign the new employment contracts offered by the airline amid mass layoffs, that will see pilots’ salaries and allowances slashed. See here for a complete list of exchanges and delays. Cathay Pacific to lay off overseas cabin crew, furlough pilots FILE PHOTO: A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, China Apr 4, 2018. Cathay Pacific was eyeing up to 8,000 layoffs to cut costs. The message also alleged that Cathay reserved all meeting rooms at its headquarters for flight attendants to return their uniforms. You can also manage bookings and view your frequent flyer account online. Applications to the 55-week Cadet Pilot Programme are open year-round. The restructuring comes after months of debate and struggling demand which has seen revenue fall 98%. “The vast majority (of other airlines’ pay cuts) are tied to a waypoint such as a point in time or profitability,” Hong Kong Aircrew Officers Association (HKAOA) General Secretary Chris Beebe said in an interview. There is also another opportunity to lay off 1,500 cabin attendants. Some 98.5 per cent of Cathay Pacific pilots have signed new employment contracts, meaning dozens of cockpit crew have refused to accept the … The degree of pay cut depends on which older contract the pilot was on, with one Cathay pilot telling Reuters on condition of anonymity that he expected a reduction of about 40%. Take First Officer Katrine Olsen. Our Standards: The Thomson Reuters Trust Principles. “We are very grateful that a majority of our pilots and cabin crew have already signed up to the new conditions of service,” the airline said in a statement. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. Cathay Pacific job cuts will hit Hong Kong housing market as axed pilots, cabin crew move away or downsize, say analysts Rents in locations such as Tung Chung and Tsing Yi, where a … SYDNEY, Oct 29 (Reuters) - Hong Kong’s Cathay Pacific Airways Ltd said on Thursday that a majority of pilots and flight attendants had signed new contracts that will result in permanent pay cuts. MIAMI – Cathay Pacific Airways (CX) says its employment of foreign Pilots is under “greater scrutiny” from immigration authorities, and expats were facing difficulties obtaining and renewing work visas. Cathay Chairman Patrick Healy told reporters last week that the terms of the new contracts were “highly competitive” with those of global peers. Reporting by Jamie Freed; additional reporting by Anne Marie Roantree and Twinnie Siu in Hong Kong. Cathay chairman Patrick Healy told news media on Wednesday that the new terms were “highly competitive” with those of global peers. SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd's. Week as the Hong Kong, Manila, Bangkok, Cebu, and. Injection from the government but still persisted with large-scale layoffs still persisted with large-scale layoffs Jamie Freed ; additional by... Cathay Dragon staff to go as part of airline ’ s 5,900 job cuts the board by this week the... Reuters Breakingviews ) - Hong Kong 's Cathay Pacific Airways eyeing up to 8,000 layoffs to cut costs capital... The last Programme are open year-round world have agreed to temporary pay cuts to help their get. 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cathay pacific pilots layoff

By December 21, 2020Uncategorized

The Hong Kong Aircrew Officers Association (HKAOA) is facing a loss of relevance as its key agreements with Cathay expire next month, meaning … Hong Kong's flagship carrier is also terminating its subsidiary airline Cathay Dragon with immediate effect, as part of its HK$2.2billion restructuring plan. This came a day after layoff rumors started to circulate among flight attendants, with a screen capture on WhatsApp alleging Cathay will start laying off employees starting today. Cathay Pacific has announced its intention to close its cabin crew bases in the US, putting nearly 300 employees out of work. HONG KONG (Reuters Breakingviews) - Cathay Pacific’s layoffs may not be the last. Cathay Pacific Airways earlier stated that 600 of 3,000 head office jobs would be cut with no department spared except for frontline staff such as pilots and cabin crew. Cathay Pacific will be operating at less than 25% of capacity for the first half of 2021, and under 50% of capacity for the rest of the year as a whole, Healy estimated. SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd's 0293.HK decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. Following weeks of layoff rumours, Cathay Pacific confirmed yesterday that it is cutting 8,500 job posts and axing 5,900 employees globally in the coming weeks. Nearly all Cathay Pacific pilots, majority of cabin crew sign new, cheaper contracts. Cathay Pacific did not want to respond to various speculations and rumours. Nearly all Cathay Dragon staff to go as part of airline’s 5,900 job cuts. “The arrogance of the company and the way they have approached this will be remembered for years to come.”. The announcement came as Cathay Pacific warned it would also seek changes in contract conditions with cabin crew and pilots as it looked to make further long term savings. “By imposing these things, without a doubt, it will erode goodwill,” Beebe said. All quotes delayed a minimum of 15 minutes. [nL4N2HB51B]. Published Tue, Oct 20 2020 8:05 PM EDT Updated Tue, Oct 20 2020 9:18 PM EDT. Cathay Pacific expat pilots find difficulty in obtaining work visas Share this news Cathay Pacific expat pilots are finding difficulty in obtaining and renewing Hong Kong work permits, after the airline suffered a great economic downturn reaching 5,300 staff layoffs earlier in October 2020. Now, Cathay Pacific is looking at making even more significant changes to scale back its operations for the post-coronavirus world. HKAOA said under the new contracts, Cathay will no longer need to follow the principle of “last in, first out” used at most legacy carriers, with the most recent joiners losing their jobs first. The airline did not respond to a request for comment on Friday. The final plan could be approved by the board by this week as the Hong Kong flag carrier tries to stay airborne. In a letter, Cathay Pacific sent a warning of the coming changes to its pilot group: The 27,000 employees of Cathay Pacific Airway each have a tricky decision to make: Take three weeks’ voluntary unpaid leave between March and … The new contracts, similar to those for new hires since 2018, also offer pay based more on flying hours than previously, leading to far lower salaries in periods where the airline is largely idle. 55. week programme. In a major restructuring to help the company survive the Covid-19 pandemic, Cathay Pacific axed its Cathay Dragon regional subsidiary and laid off all 2,500 employees of the airline. Jetzt Flug online buchen. Mit Cathay Pacific nonstop von Frankfurt nach Hong Kong und von dort zu mehr als 60 Reisezielen in Asien, Australien und Neuseeland. HKAOA General Secretary Chris Beebe last week told Reuters the decision to force pilots on to lower-paid contracts was “draconian” and “short-sighted”. Editing by Gerry Doyle. Read more. Recently, a screenshot of Cathay Pacific’s WhatsApp short message of layoffs has also been circulating online. Former Cathay Pacific pilot and Civic Party legislator Jeremy Tam Man-ho, says Cathay Pacific Airways should not have announced large-scale layoffs of staff in the name of restructuring and call it a commercial decision. ($1 = 7.7500 Hong Kong dollars) (Reporting by Jamie Freed Editing by Keith Weir). 27th October 2020 – (Hong Kong) After Cathay Pacific’s large-scale layoffs, remaining employees have to sign new contracts which contain drastically cut salaries (up to 58%) and benefits. , pilots have agreed to pay cuts, including up to 28.5% for most captains and up to 18.5% for most first officers through March 31, 2022 to avoid more job losses. Cathay Pacific Layoff Fears Increase As Rumors Circulate MIAMI – Cathay Pacific (CX) is suspending an arrangement allowing Crew members to swap flying duties, intensifying rumors that the airline will soon eliminate staff. Pilots are required to sign the new contract by tomorrow (28th). Key Points. Grab the opportunity to start your flying career today! 22nd October 2020 – (Hong Kong) Cathay Pacific Airways has laid off thousands of employees and suspended Cathay Dragon Airways. Hong Kong flag carrier Cathay Pacific said Thursday (5 November) that the majority of its pilots and cabin crew have opted to sign up to new contracts. The massive layoff involves 700 pilots and 400 Cathay City employees, including half of the personnel and training departments. Book flights to Hong Kong, Manila, Bangkok, Cebu, Vancouver and other destinations with Cathay Pacific. The employees have until Nov. 4 to sign new contracts but they will receive one year of transitional benefits like housing allowances for pilots rather than the two years offered for those that signed up by Wednesday evening. One month after Cathay Pacific's layoff announcement, and closure of Cathay Dragon, the airline said it is considering hiring pilots and cabin crew again in 2021. In May 2020, Katrine and a team of nine other women cycled the punishing 200km of Greenland’s Arctic Circle Trail on off-road ‘fatbikes’. Hong Kong's Cathay Pacific Airways Ltd <0293.HK> said on Wednesday it welcomed all employee ideas to get it through the pandemic after pilots pushing to be included in restructuring talks ran a newspaper advertisement to drum up public support. decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. But some Cathay Pacific pilots take themselves to extremes in their spare time – braving frost, heat and heights all in the name of causes close to their hearts. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. See here for a complete list of exchanges and delays. Staff at many airlines around the world have agreed to temporary pay cuts to help their companies get through the COVID-19 crisis. Jeremy Tam is not pleased with massive layoffs by Cathay Pacific Airways. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion ($284 million). We aim to give you the best experience possible – but also wish to respect your privacy. These include more layoffs, reduced routes, and a reduced fleet. The reduced deals were necessary for the airline to survive, Cathay Pacific has said. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. The airline has told them if they do not agree to the new contracts by next week, they face termination, according to unions representing pilots and flight attendants. Cathay Pacific’s specific layoff plan was posted online today (3rd), stating that Cathay Pacific will send dismissal letters to 400 Cathay Pacific employees and 700 pilots on the 5th of this month (next Monday), and plans to reserve all Cathay Pacific meeting rooms for use to facilitate the flight attendants to return their uniforms. Cathay Pacific is considering a plan which would see pay cuts and redundancies in the coming months. The carrier on Wednesday announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. “We have plans to recruit new pilots. Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemic . SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd's 0293.HK decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is … All quotes delayed a minimum of 15 minutes. The labour union expressed dismay over the decision to restructure. Hong Kong's Cathay Pacific Airways Ltd's decision to force pilots permanently onto lower-paid contracts or risk losing their jobs is "draconian" and "short-sighted", the head of the union representing them said on Friday. It is also seeking changes to contracts with pilots and cabin crew as part of a restructuring that would cost HK$2.2 billion (RM1.2 billion). The decision to close Cathay Dragon and ax around 6,000 employees follows a strategic review that began some time ago. The pilot contracts, which are broadly in line with those given to new hires since 2018, will result in permanent salary reductions of up to 58%, the Hong Kong Aircrew Officers Association (HKAOA) said on Tuesday. Pilots who do not sign the new contract will be terminated with three months’ pay rather than made redundant with six months’ pay, Beebe said, adding that the union was taking legal advice on the issue. 0. hours flying experience required . On behalf of Cathay Pacific’s 2,200 pilots, Chris Beebe, Secretary-General of the Hong Kong Aircrew Officers […] At rival Singapore Airlines Ltd SIAL.SI, pilots have agreed to pay cuts, including up to 28.5% for most captains and up to 18.5% for most first officers through March 31, 2022 to avoid more job losses. Pilots at Hong Kong's Cathay Pacific Airways Ltd are pushing to be included in restructuring talks at the carrier and will run a newspaper advertisement to drum up public support, a union representing them told Reuters on Tuesday. Following legal advice, Cathay Pacific’s pilots union has informed its 2,200 Hong Kong-based members not to sign the new employment contracts offered by the airline amid mass layoffs, that will see pilots’ salaries and allowances slashed. See here for a complete list of exchanges and delays. Cathay Pacific to lay off overseas cabin crew, furlough pilots FILE PHOTO: A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, China Apr 4, 2018. Cathay Pacific was eyeing up to 8,000 layoffs to cut costs. The message also alleged that Cathay reserved all meeting rooms at its headquarters for flight attendants to return their uniforms. You can also manage bookings and view your frequent flyer account online. Applications to the 55-week Cadet Pilot Programme are open year-round. The restructuring comes after months of debate and struggling demand which has seen revenue fall 98%. “The vast majority (of other airlines’ pay cuts) are tied to a waypoint such as a point in time or profitability,” Hong Kong Aircrew Officers Association (HKAOA) General Secretary Chris Beebe said in an interview. There is also another opportunity to lay off 1,500 cabin attendants. Some 98.5 per cent of Cathay Pacific pilots have signed new employment contracts, meaning dozens of cockpit crew have refused to accept the … The degree of pay cut depends on which older contract the pilot was on, with one Cathay pilot telling Reuters on condition of anonymity that he expected a reduction of about 40%. Take First Officer Katrine Olsen. Our Standards: The Thomson Reuters Trust Principles. “We are very grateful that a majority of our pilots and cabin crew have already signed up to the new conditions of service,” the airline said in a statement. Cathay last week announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down. Cathay Pacific job cuts will hit Hong Kong housing market as axed pilots, cabin crew move away or downsize, say analysts Rents in locations such as Tung Chung and Tsing Yi, where a … SYDNEY, Oct 29 (Reuters) - Hong Kong’s Cathay Pacific Airways Ltd said on Thursday that a majority of pilots and flight attendants had signed new contracts that will result in permanent pay cuts. MIAMI – Cathay Pacific Airways (CX) says its employment of foreign Pilots is under “greater scrutiny” from immigration authorities, and expats were facing difficulties obtaining and renewing work visas. Cathay Chairman Patrick Healy told reporters last week that the terms of the new contracts were “highly competitive” with those of global peers. 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