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Sunday, March 1, 2020

Que Sera Sera, whatever will be will be ...

17 years may be a long time but I am still able to empathize with the crew regarding the anxiety and fear of losing their job due to the havoc created by the horrible covid-19. It was during the SARS crisis back in 2003 that some of us lost our job. We had house mortgages,car loans,children school fees etc to pay and it is no different for our present crew. Many are worried and if the virus does not go away fast, many may get retrenched. But then what can one do? The situation may be beyond our control. So let's pray the covid-19 will disappear as fast as SARS did in 2003. 

6 comments:

Kflytim said...

Hi Uncle BT, how time flies and how things have changed! Presently it seems that the lessons in 2003 have been subtly learnt: no early declarations of "financial emergency", and no hasty call to let go of staff (yet). But the usual cards have already been played: cutting capacity and managerial wages, asking staff to take (voluntary) no-pay leave.

I guess the key numbers to watch is the passenger load, yield and subsequently quarterly financial results; which are all under siege as COVID-19 has spread to almost all quarters in the world (and in SQ's key markets such as US, China, Europe, Japan etc). We all know that SQ cannot, and will not post an annual loss and will do whatever it takes to maintain this unbroken streak of profitability. I think the next barometer to watch is when trainees start to be let go, which would hint that the deck is running out of cards to play.

Till then, lets stay healthy and pray for all the best!

Boh Tong said...

Thanks Tim for your analysis. Ye,s it is wise SQ is not in a hurry to let go of its staff otherwise when COVID-19 suddenly disappears it will be short of staff like during SARS.
Yup, we will just watch how the situation unfolds and how well SIA will managed the situation.
Hope to see more comments from you :)

Anonymous said...

When someone dies alone in Singapore, this is what happens
https://www.channelnewsasia.com/news/cnainsider/when-someone-dies-alone-singapore-this-is-what-happens-seniors-12498032

You know this flight crew, BT?

Boh Tong said...

Yes I knew him, nice chap :)

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