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How to land a job with Cathay Pacific Airways

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Hong Kong-based airline Cathay Pacific is hiring new pilots!

The rise in travel has seen the airline resume international pilot recruitment despite many of the carrier’s fleets still held in storage.

Cathay Pacific will hire more pilots with residency rights in the Hong Kong territory as part of medium- to long-term planning

The move, which comes just weeks after Cathay said it would close a pilot base in Canada and proposed to shut those in Australia and New Zealand, points to a move away from a long-term strategy of employing many expatriates.

Last year the Hong Kong airliner closed its regional arm Cathay Dragon, putting hundreds of pilots out of work.

“While we are still not seeing immediate, meaningful signs of growth, the recruitment we are conducting at this stage is about forward planning,” Cathay said in a statement.

“We will be looking to hire qualified talent who are already in Hong Kong and have the right to live and work here.”

International crew will be able to gain permanent residency after seven years in Hong Kong.

Cathay pilots with temporary work visas have received shorter than usual renewals since the closure of Cathay Dragon, said two sources who were not authorised to speak publicly about the matter.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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