Saturday, October 24, 2020

CX to cut pilots' salaries

 Cathay Pacific Airways (CX) is cutting the pay of pilots by 40% to 60% according to SCMP. Some top level pilots have been earning as much as HK$4 million a year or S$58,000 a month including housing and schooling allowances. Even, say after a 50% cut, they will be taking home about HK$2 million a year which roughly translate to S$29,000 a month. 

SIA pilots' salaries are nowhere near CX's pilots' as the former score around S$12,000 per month after the 50% cut as announced by SIA a few weeks ago.

For more read here

Exchange rate is S$1= HK$5.70

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