Total confirmed aircraft orders: 91 to be delivered by 2019
Aircraft orders (to be delivered by 2015): 2 A350; 15 A330-300; 10 B777-300ER
Contract recently ratified; pay raise varies from 3% up to 14.7% depending on rank and hours flown
The maximum increase is 14.7 total including retirement and using flying pay on an 84 hour month
Basic salary, as well as hourly flight pay were increased (seeking payscale -ed)
Cathay Pacific says A350 "will form the backbone of Cathay Pacific's future midsize widebody fleet"
10 747-8 freighters on order; first two to be delivered in Jan 2011
Retirement age is 65 for all new-hires
All new-hires hired to common seniority list and employed to fly all aircraft as of January 2008
Offering unpaid leave to flight crew and most other departments, introduced Euro salary scale for Europe-based pilots
Mandatory retirement age is still 55 everywhere
Cathay has pilots based in USA, Canada, UK, France, Germany and Australia
Each of these country has its own payscale for both passenger and freighter fleets
Check and trainer pilots receive 10% extra on top of salary
11 747-400ERFs on order; options for 6 more
3 A330s on firm order
Pilots may take 15.5% retirement contribution as taxable cash salary
Cathay covers 70% of international school fees for children, or 90% if they go to English Foundation School (a local and cheaper version of international school)
Housing allowance for HKG-based pilots only
This allowance may go to property purchased or rented in Hong Kong
2 types of allowances: (a) the cash housing allowance which is $14,000, $18,000 or 24,000 HKD (dependent on position and years of service, or the mortgage allowance, which is variable/fixed, currently at $5,800/mo.
Jumpseats are available for employees, their spouse, and parents. Must purchase at least a Y class subload ticket. Jumpseats can be requested via crew computer system directly to the captain.
*disregard hourly pay calculator above*
*The correct FO Year 4 pay is $7,766.
*There are two new pay points:
SFO 7 - $10,381; SFO 8 - $10,589
Above pay is basic pay only. In addition to the basic salary, hourly flight pay as well.
Overtime pay starts at credit hours in excess of 84. Basic salary is "doubled" at 114 credit hours.
New captains enter payscale at Year 1, not year of longevity.
Above rates assume 1 USD = 7.8 HKD
Passenger scale covers all Hong Kong-based pilots (expat and cadet)
[747 = 747-400F, 747-200F]
Per Diem :
Paid in cash in local currency of layover upon hotel check-in
