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Written by: Li Enci
2020-11-16 22:20
Last update date: 2020-11-16 22:20
The global new crown pneumonia epidemic has hit the aviation industry severely. Following the large-scale layoffs and salary cuts of Cathay Pacific, its low-cost airline Hong Kong Express (HK Express) requires all crew members to agree to new service conditions, otherwise the current employment contract will be terminated.
Under the new conditions, pilots' salaries will be reduced by up to 40%; cabin crews will be reduced by 10%.
The company's chief executive and management will cut their salaries by 15% next year.
Hong Kong Express (HK Express) requires all pilots and cabin attendants to agree to the new service conditions, otherwise the current employment contract will be terminated.
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▼Hong Kong Express's first Flycation flight on the 1st of this month▼
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Refusing to accept the new contract will result in dismissal
Hong Kong Express said that considering the company's difficult situation in most passenger aircraft to stop operations, in order to preserve the company, maintain market competitiveness, control losses, and make arrangements for the company's long-term development, it is necessary to reduce monthly cash losses.
The company requires pilots and cabin attendants to agree to change their service conditions, and adjustments to remuneration will be adjusted.
Under the new conditions, during the period of complete grounding of the pilot, the salary adjustment range will be about 25% to 40%. When the monthly flying hours return to 70 hours or more, the salary adjustment range will be about 8% to 14%; while the salary adjustment of cabin attendant is about 10%.
If the crew finally decides not to accept the new service conditions, the current employment contract will be terminated.
▼Cathay Pacific layoffs▼
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Another unpaid leave plan is launched, and the management's salary is reduced by 15%
The chief executive of Hong Kong Express will continue to cut 15% in 2021, while the director-level management will cut 15% in the first half of 2021.
The ground staff will accept the third round of voluntary participation in the "Special Unpaid Leave Program" and take 20 days of special unpaid leave in the first half of 2021.
Hong Kong Express stressed that the relevant measures are urgent and necessary, and help maintain the flexibility of the enterprise and the integrity of the team, and prepare for the future market recovery.
The company will hold several seminars to explain details and answer questions to relevant employees, and provide assistance to employees in need.
▼Tighten epidemic prevention measures from November 16▼
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