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Cathay Offers Pilots Up to $93,000 Allowances to Stem Exodus

  • Airline provides monthly stipend and funds for school fees
  • Cathay has been squeezed by Hong Kong’s strict Covid policies
A passenger aircraft operated by Cathay Pacific Airways Ltd. takes off from the Hong Kong International Airport.

A passenger aircraft operated by Cathay Pacific Airways Ltd. takes off from the Hong Kong International Airport.

Photographer: Bertha Wang/Bloomberg

Cathay Pacific Airways Ltd. will alter monthly allowances and other perks for pilots as it tries to stem a wave of resignations among crew frustrated by the impact of Hong Kong’s Covid-19 policies on their lives. 

The changes depend on pilot ranking and come on top of base salaries and hourly flying rates. From next year, the most senior captains will get a monthly allowance of HK$36,000 ($4,590), amounting to HK$432,000 annually, up from HK$396,000 now, according to a memo to staff seen by Bloomberg News.