Cathay Pacific Can’t Stop Pilot Exodus as It Tries to Hire More
- Airline may offer more allowances, benefits to stem departures
- Staff have been caught in fallout of Hong Kong’s Covid battle
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Cathay Pacific Airways Ltd. continues to experience a very high rate of pilot resignations, and may improve allowances and benefits to appease crew who took deep pay cuts to help Hong Kong’s flag carrier navigate its way through the city’s Covid-19 crisis.
“We still have resignation rates at much higher levels than we’ve historically had,” Chief Operations and Service Delivery Officer Greg Hughes said at a town hall meeting for Cathay staff watched online by Bloomberg News. “It would also be an incorrect statement for me to make that COS18 is not one of the reasons.”