PPRuNe Forums - View Single Post - CX Shares slip below HK8
View Single Post
Old 5th Jun 2020, 21:31
  #12 (permalink)  
highflyer40
 
Join Date: Aug 2011
Location: UK
Age: 53
Posts: 0
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by SaulGoodman
CX has something a lot of other carriers do not have. An extremely strong home base cargo market. Both belly and full freighters. Which means they have cashflow. Yes, the current climate is dire. But compared to many others CX are relatively well positioned for the future. My 2c
With the current Covid and the Chinese hardline I would very much disagree with you. At the very least you are in as much trouble as the rest. At the worst you are screwed royally.

The reality will probably lie somewhere in the middle which still puts you worse than the rest. Hold on to your hats, the times are changing!
highflyer40 is offline