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14
Why I joined HAECO
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15
The apprentices
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16
MET flyer
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17
CV240
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18
Mistakes & even more mistakes
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19
Up in the air
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20
When boss calls
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21
Craftsmanship rules
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22
Package matters
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23
Seaplanes maintenance
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24
Reconfiguration
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25
Fixing the gas tank
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26
Tempting staff benefits
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27
New business
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28
747 inauguration
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29
New is not enough
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30
We rock the world
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31
Lufthansa incident
26
Jenny
I hear that HAECO employees have been enjoying staff discount on Cathay Pacific’s tickets a long time ago. It’s really something wage earners yearn for. And it is said that they fly to trade parallel imports for extra money. Did you ever try to do this?
Cheng Tin Gai
Oh right, parallel trading was very common in those days. The economy of Hong Kong at that time was the best in Asia after Japan. Taiwan was poor and closed. Singapore, Malaysia, Thailand, Indonesia and Philippine were all destitute. Korea was rebuilding itself after the Korean War. So Hong Kong was richest in goods and materials…
Employees of HAECO enjoy special rates on air travels
We had 90% discount on Cathay Pacific tickets. During peak seasons we might not be able to take wing, but we were on the waiting list. The advantage was that our family was also entitled to the discount. We could fly only in ordinary days; otherwise we might be stuck at the foreign land, unable to get on the flight.
Au Sung Lai
We went to Taiwan most frequently…
Employees of HAECO participate in parallel trading
We brought camera, mushroom and mainland medicine to Taiwan. For medicines, such as Yunnan Baiyao and Sanpien Pills, we had to tear away the package because Taiwan prohibited imports of mainland goods. But without the package they could pass the custom. Several shops in Jordon Road and Kowloon City specialized in parallel trading. The shops were stuffed with parallel goods, and they marked down clearly how much you could earn with them, like $20 and $100. You put down your name and then you could participate in the trade.
Huen Shing
Well, not really profitable in fact…
My parallel trading experience
I tried to run goods one single time, to Taiwan. Didn’t earn much though. I brought two bottles of liquor, two catties of tealeaf and two boxes of cigarette. It’s not useful at all; I just earned the rental.
Liang Yee Ming
But I found it quite nice…
My parallel trading experience
I did it one or two times to Taiwan. I brought some suit fabric, and what I earned was more than I normally spent. Everyone was doing it, and it wasn’t illegal.
Cheng Tin Gai
There was a fashionable group called “The Wives’ Parallel Trading Group”. It was a group formed by the wives of the HAECO employees, trading parallel imports with the discounted tickets…
A group of housewives participate in parallel trading
Taiwan at that time was lacking fashionable goods like cosmetics and clothes. The Taiwanese had to pay tax if they brought the goods themselves. Many HAECO staffs would do the job for them; they brought the goods to the hotel and look for buyers. Later the trade developed, and the Taiwanese buyers would first write a letter to tell them what to bring along, such as Yunnan Baiyao. In ordinary days we could mostly get on the flight. Many of the Wives’ Group went together with the Cathay Pacific staffs; sometimes the wives set off earlier and came back after they finished their food and grocery shopping in Taiwan (台灣).
Au Sung Lai
Korea in the 50s was in dire need of everything. They snapped up whatever they could get…
My parallel trading experience
There were no fruits in Korea, so we brought along the fruits. The Cathay Pacific staffs used to go to Japan, Taiwan and Korea. At that time they worked four in a group; three of them did the duty and one did the import. When they went to Korea they traded Rolex. The practice was that they put on a counterfeit watch when passing the immigration desk. Otherwise, if they were caught without the watch at departure (as it was already sold), they had to pay tax.
Cheng Kwoon Chiu
Korea was poverty-stricken at that time…
Parallel goods used to be very popular in Korea
Korea was short of bananas at that time, so we could sell bananas there. It was hearsay and I’m not sure if that’s true. In Korea, whenever people saw you with a camera they would ask you whether it was for sale.
Both owned by Taikoo (i.e.Swire Group), Cathay Pacific and HAECO had been sister companies in strong relationship. HAECO employees and their family were entitled to Cathay Pacific’s staff discount on air tickets. No matter when they joined the company, HAECO employees had been travelling on the different models of Cathay Pacific’s aircrafts over time. In the photo is a Cathay Pacific DC-4 in the 50s.