Hong Kong’s main airline Cathay Pacific (國泰航空) said yesterday it had been swamped with more than 1,600 requests for unpaid leave next year from cabin crew and pilots.
The airline said it had received requests for more than 55,000 days off after making the controversial offer at the end of last month of non-salaried time off to combat the economic downturn.
Cabin crew have applied for a total of more than 50,000 days of unpaid leave next year — almost a full week for every flight attendant — while pilots had applied for more than 5,000 days.
The applications come from 1,062 flight attendants, some of who have made more than one application, and 200 pilots.
A Cathay Pacific spokeswoman said all the pilots’ requests would be honored while some of the airline’s 7,200 cabin crew would be asked to adjust their requests because of too much demand.
The Flight Attendants Union, which represents more than 5,000 cabin crew, said demand for unpaid leave showed many flight attendants were unable to get the time off they wanted through regular leave.
The union — which distributed a circular to members outlining 10 reasons not to apply for unpaid leave — warned that colleagues of flight attendants who take unpaid leave would be left with an even heavier workload.
The Cathay spokeswoman insisted the scheme was “entirely voluntary” and said flight attendants’ regular leave had been allocated for next year before unpaid leave offer was made.
DOLLAR CHALLENGE: BRICS countries’ growing share of global GDP threatens the US dollar’s dominance, which some member states seek to displace for world trade US president-elect Donald Trump on Saturday threatened 100 percent tariffs against a bloc of nine nations if they act to undermine the US dollar. His threat was directed at countries in the so-called BRICS alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the US dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed
LIMITED MEASURES: The proposed restrictions on Chinese chip exports are weaker than previously considered, following lobbying by major US firms, sources said US President Joe Biden’s administration is weighing additional curbs on sales of semiconductor equipment and artificial intelligence (AI) memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions, but stop short of some stricter measures previously considered, said sources familiar with the matter. The restrictions could be unveiled as soon as next week, said the sources, who emphasized that the timing and contours of the rules have changed several times, and that nothing is final until they are published. The measures follow months of deliberations by US officials, negotiations with allies in Japan and the Netherlands, and
Foxconn Technology Group (富士康科技集團) yesterday said it expects any impact of new tariffs from US president-elect Donald Trump to hit the company less than its rivals, citing its global manufacturing footprint. Young Liu (劉揚偉), chairman of the contract manufacturer and key Apple Inc supplier, told reporters after a forum in Taipei that it saw the primary impact of any fresh tariffs falling on its clients because its business model is based on contract manufacturing. “Clients may decide to shift production locations, but looking at Foxconn’s global footprint, we are ahead. As a result, the impact on us is likely smaller compared to
TECH COMPETITION: The US restricted sales of two dozen types of manufacturing equipment and three software tools, and blacklisted 140 more Chinese entities US President Joe Biden’s administration unveiled new restrictions on China’s access to vital components for chips and artificial intelligence (AI), escalating a campaign to contain Beijing’s technological ambitions. The US Department of Commerce slapped additional curbs on the sale of high-bandwidth memory (HBM) and chipmaking gear, including that produced by US firms at foreign facilities. It also blacklisted 140 more Chinese entities that it accused of acting on Beijing’s behalf, although it did not name them in an initial statement. Full details on the new sanctions and Entity List additions were to be published later yesterday, a US official said. The US “will