Hong Kong’s Cathay Pacific Airways Ltd will close its Canadian pilot base and has proposed to additionally shut its pilot bases in Australia and New Zealand, the airline stated on Thursday.
No selections have been made on the destiny of its pilots based mostly in Europe and the United States, the airline stated in a press release that famous all passenger fleet pilots on abroad bases had been stood down since May 2020.
The resolution to close the Canadian base is remaining, whereas Australia and New Zealand is a proposal at this stage and can contain a good-faith session course of with workers, Cathay stated.
In Australia and New Zealand, employers should seek the advice of with employees earlier than redundancies as a part of union agreements however it’s uncommon for publicly introduced selections to be reversed.
Qantas Airways Ltd and Air New Zealand Ltd made comparable bulletins final 12 months about consultations earlier than continuing with their deliberate employees cuts.
Cathay’s proposed closures had been first reported by the South China Morning Post.
Cathay had already closed abroad cabin crew bases and shut its regional airline Cathay Dragon to assist it preserve money in the course of the pandemic, ensuing in the lack of greater than 5,900 jobs.
The remaining Hong Kong-based pilots and cabin crew had to agree to everlasting pay cuts to hold their jobs.
Cathay, which lacks a home market at a time when worldwide borders are largely shut, final month reported a report annual lack of HK$21.65 billion ($2.8 billion).
It has been burning via as a lot as HK$1.9 billion of money a month, although the provider stated final week that determine would start to cut back barely due to an easing of cargo crew quarantine necessities. Reuters