Originally Posted by
Oasis
I mean the company has a bigger problem now than during SARS, in fact bigger than anything ever in its history.
The fact that it is spreading quite well in Singapore with the high temperatures over there leads me to believe that it will stick around during the summer as well.
Supply problems out of China will probably lead to a global slowdown, which also wont be helpful.
Even if the virus is stopped, the protests might be back.
Hopefully the oil price will go lower, as long as we didn't muck up the hedge again..
Chinese airlines will be bailed out, we won't.
OK, those are all rational statements. So what does taking three weeks unpaid leave do for the survival of the airline? One week? Two? A month?
I personally believe it’s less than a week. The only way to save CX, if it gets to that point, is creditors, additional stock offerings, and/or cash infusion by current shareholders (Swire, Mainland, Qatar). Right? Certainly, employee sacrifice doesn’t go very far.