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Cathay offers pilots allowances, perks to stem exodus

A Cathay Pacific aircraft takes off at the airport during the coronavirus disease (Covid-19) pandemic in Hong Kong on March 31, 2022. (Reuters)

Cathay Pacific Airways Ltd will alter monthly allowances and other perks for pilots as it tries to stem a wave of resignations among crew frustrated by the impact of Hong Kong’s Covid-19 policies on their lives.

The changes depend on pilot ranking and come on top of base salaries and hourly flying rates. From next year, the most senior captains will get a monthly allowance of HK$36,000 (155,180 baht), amounting to HK$432,000 annually, up from HK$396,000 now, according to a memo to staff seen by Bloomberg News

Cathay is also allotting HK$100,000 per child for annual school fees, for…

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