Cathay Pacific's troubles didn't stop with the grounding of several routes, and Heung Kong's 20% discount once again put Cathay Pacific on the spotlight, especially on the popular Taipei and Tokyo routes, where seat availability plummeted. For this reason, Cao Guangbiao had to discount these routes as well to cope with the competition of Hong Kong Airlines.

The reason for this is that the salary of the same position on the side of Hong Kong Airlines is 10% higher than that of Cathay Pacific, which makes these low-level employees dissatisfied, and they demand a salary increase from Cathay Pacific executives to them, otherwise they will ask to resign.

Cao Guangbiao regretted the acquisition of Cathay Pacific Airways, and after discussing with Fok Yingdong, Bao Yugang and Hu Yingxiang, he agreed to the employees' requests.

This is also due to their disagreement, and HeungKong Airlines is recruiting a large number of these employees, who have not had jobs in the past. If they don't align with Xiangjiang Airlines in this regard, Cathay Pacific will have to cease operations altogether.

On the evening of September 24, in Fok Yingdong's mansion, Cathay Pacific shareholders discussed the recent situation of Cathay Pacific again.

After listening to Cao Guangbiao's recent report on Cathay Pacific, several shareholders felt the difficulties of running Cathay Pacific. In particular, when the time is not too rushed, they are more willing to take the flights of Hong Kong Airlines.

In particular, for flights to Taipei, due to the proximity, Xiangjiang Airlines directly opened two flights a day, which seriously squeezed the market of Cathay Pacific.

Bao Yugang said: "Guangbiao, what do the company's top executives think?"

Speaking of these high-level executives, Cao Guangbiao was even more angry, no wonder these people did not go to Xiangjiang Airlines, the level of these people, Li Guangyu would ask them to be executives. Everything comes to solve by yourself, if it weren't for the fact that there is no one in your hands now, a group of people would have been dismissed a long time ago.

Cao Guangbiao said: "These people have handed over the problem to me, and they are waiting for me to find a way?"

Cathay Pacific is currently at a dead end, unable to compete with Heung Kong Airways in the international market, and the government does not approve domestic routes, which gives them no advantage at all. Moreover, the company's operating costs are also quite high, and if the occupancy rate continues like this, they Cathay Pacific will be dragged to death by Xiangjiang Airlines.

Now these shareholders are already riding the tiger, but I am afraid that it is not easy for them to sell the shares in their hands, after all, Heung Kong Airlines is here, and anyone who comes to take over must consider whether they can withstand the suppression of the Li consortium.

Fok Yingdong said: "Guangbiao, what are you going to do, you also know, none of us have ever operated an airline, and we don't know much about this aspect, what kind of help do you need from us?"

Cao Guangbiao said: "Our company is currently mainly short of crews, we must solve this as soon as possible, and at the same time our routes must be restored as soon as possible, otherwise we are afraid that various regions will cancel our routes." ”

The flight attendants are easy to do, but the pilots are more difficult for them, and Heung Kong Airlines has a person in charge of each region to recruit talents in each region. Most of their relationships are only in Xiangjiang, and they don't have as much power as the Li Consortium.

And these shareholders all looked at Huo Yingdong this time, and only he could solve this problem, after all, he was the only one who had a particularly good relationship with the other party.

Fok Yingdong said: "I will communicate with the other side to see if it can be done, our company still needs its own personnel, Guangbiao still needs a little more effort in this regard, I believe that as long as the salary is not lower than that of Xiangjiang Airlines, they can invite people, and we can do the same." ”

Cao Guangbiao himself also understands that these still need to be more at ease for the talents of his own company, and how can it be proper to rely on others to rely on himself.

Cao Guangbiao said: "I'm still worried that Xiangjiang Airlines will hurt people with this, and you also know the profitability of the Li consortium, if they really plan to lose money for a year, our Cathay Pacific Airlines will only go bankrupt step by step, and we dare not fight a price war with them." ”

Although Hong Kong Airlines has maintained a 20% discount in the past few days and has not taken further action because of Cathay Pacific's price cut, they estimate that it will not end so easily against Cathay Pacific.

Dong Haoyun said: "We can only take one step at a time now, originally we also expected to open up the mainland market, but I didn't expect the Xiangjiang government to still disagree with our approval, but the Xiangjiang Airlines, it is said that the Xiangjiang government has completely relaxed the restrictions on their routes, as long as their airlines are willing, and the local government also agrees to open the route, they can open this route at any time." ”

The directors began to think that without the British-owned consortium controlling the airlines in Hong Kong, the Hong Kong government would not have deliberately restricted them. It's just that the ideal is very beautiful, but the reality is very cruel, the Hong Kong government has not relaxed the restrictions on them, and none of the routes they applied for by Cathay Pacific Airways have been approved.

As for the reason, they know very well that before the Xiangjiang issue is settled, they are afraid that they will always be restricted, and with the development speed of Xiangjiang Airlines, their Cathay Pacific will not even be able to see their backs at that time.

Huo Yingdong knows that this is not the time for everyone to be discouraged, otherwise it will be difficult to have similar cooperation in the future.

Fok Yingdong said: "Don't be discouraged, I believe that as long as the mainland takes back Xiangjiang, the crisis of our Cathay Pacific Airways will pass, and the future development of our airline will definitely be very bright. ”

Bao Yugang is more and more unwilling to pay attention to the affairs of Cathay Pacific Airways, Cao Guangbiao and others can do whatever they like. As for Huo Ying's words, he was skeptical. Not to mention anything else, whether Cathay Pacific can survive until that time is a question, and whether the major shareholders will continue to fill in the money during this time.

Anyway, he is reluctant to continue to fill this bottomless pit, the competition between Cathay Pacific and Heung Kong Airlines is at a disadvantage in all aspects, and Li Guangyu obviously wants to dominate the Heung Kong Airlines market, and will definitely not watch Cathay Pacific rise.

Bao Yugang said: "Guangbiao, Cathay Pacific Airways will be handed over to you to deal with, you also know that I have to deal with the affairs of Wharf and International Aerospace Company, and I don't understand the airline's side, after you decide in the future, just send me a document, I believe you can lead Cathay Pacific Airways well." ”

After Bao Yugang finished speaking, Dong Haoyun also said that he did not understand airline affairs, and Cao Guangbiao was in charge of everything, and there was no need to consult him again.

After these two bigwigs spoke, several other medium-sized families who joined with Bao Yugang and them also expressed the same opinion.

After Bao Yugang and others left, only Huo Yingdong, Hu Yingxiang and Cao Guangbiao were left in the living room.

Cao Guangbiao said in frustration: "Yugang and Haoyun are disappointed in the airline, they probably think that our Cathay Pacific has no future." ”

Fok Yingdong was also silent for a while, Cathay Pacific was hit too hard during this time, where is there still the prestige when they acquired it.

Not to mention Bao Yugang and them, even they are not optimistic about the future of Cathay Pacific, Xiangjiang Airlines does not have the slightest restriction now, and they will definitely increase the layout of routes around the country. Even if the Xiangjiang issue is settled in the future, and the Xiangjiang government no longer restricts them, I am afraid that it will be too late.

Huo Yingdong said: "Guangbiao, no matter what Yugang thinks, we still have to work hard to operate the airline, and now the market value of this airline is only afraid that it will be halved, and no one will ask for our shot, so it is better to hold it in our hands and see the follow-up situation." ”

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