FlyerTalk Forums - View Single Post - "US training centre for Hong Kong’s Cathay halts cadet solo flights"
Old Jul 14, 2024 | 7:28 pm
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oldchinahand
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Originally Posted by rto
That's the problem; they can't attract talent like before. So many experienced aviators left due to cost cutting. To make matters worse, the lowering of hours for promotion. Those who work their butt off trying to get to Capt and FO are flying many hours before, and now? Standards are there for a reason (safety).

This is the same scenario for cabin crew. the lowering of hours for promotion has been reduced. How would it feel for those who could not get a promotion before but seeing new joiners ahead of them in the pecking order? For management, that's good because they are cheaper. Any tom, dick and Harry can get in now. There's no standard.
The above post is incorrect in almost every word. I have knowledge re CX cadet and pilot training -The airlines training reassume is more robust than most major airlines and hours required re promotion are still higher than most other major airlines and I challenge the poster to name those airlines requiring more qualifying hours. The cadet training programmes are as every heavily oversubscribed and the quality of applicants is unchanged from pre covid. Always some cadets fail the training and it is not so unusual for cadets to be terminated for disciplinary reasons .Cathay Pacific’s CEO mentioned a few days ago that recovery is moving forward more quickly than last years forecast and the airlines full schedule should resume in January when it is expected also to announce several new routes.
An important factor in the advanced recovery is that pilot recruitment is going well and this has already ceased to hamper the push to resume a full schedule.

Over the past months pilots have received two pay increases a significant bonus and increased benefits with still significant numbers of pilots rejoining the airline.

The airline announced Friday that progress is better than forecast allowing it to bring forward buy back from the Hong Kong government the remaining 50 percent of its preference shares ahead of schedule.

The company plans the buyback on 31st July this year at a cost of 9.75 billion Hong Kong dollars (about 1.25 billion U.S. dollars), it said.

The shares were issued to the HKSAR government in June 2020 as part of government efforts to safeguard Hong Kong’s position as an international aviation hub in the face of the unexpected impact of the COVID-19 pandemic.



An interesting piece from Bloomberg’s Danny Lee

https://www.bnnbloomberg.ca/business...very-timeline/



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