Cathay kutter flygerlønniger/bo-tillegg - Curt Lewis

Cathay Pacific to slash housing packages for pilots as part of ongoing cost-cutting drive
The proposals affect 43 per cent of Cathay Pacific's 2,500 Hong Kong-based cockpit crew

The airline may have turned a corner after its big first-half loss, and increased passenger and cargo demand as well as its cost-cutting plan could lift its share price. But Chinese airlines are set to be fierce rivals

Hong Kong-based pilots were told on Friday evening of changes to their accommodation perks, each worth up to HK$1.2 million annually, according to an internal memo seen by the Post.

The airline said it was giving three months' notice to pilots who benefit from the Accommodation and Rental Assistance Policy Agreement, which cost more than HK$900 million last year for the more than 1,000 eligible cockpit crew. The airline said "significant savings" could be made.
Cuts to pilots' housing benefits will be part of the targeted pay freeze, pension changes and productivity savings worth HK$1 billion sought by Hong Kong's flagship airline.