PPRuNe Forums - View Single Post - CX Shares slip below HK8
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Old 15th Jul 2020, 08:51
  #37 (permalink)  
kahaha
 
Join Date: Jul 2014
Location: china
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Lets not forget most airlines "may" "Could" or "Possibly" lay off thousands. Its not happened for pilots at BA, and Virgin are now sitting pretty due to
Brandson ringing up his financial mates. Would you really invest a trust fund in an airline over the next 5 years?

The CX and more predominantly KA market is China driven. A global back lash against China will affect yields. No need for 16 flights to PVG every day.

I doubt there will be redundancies. More likely no recruitment and natural wastage. The Gov have bailed the group out, so no issues this year.

CX management will have to show willing though. A drive for efficiencies, streamlining ... Oh , I nearly forgot, that's been going on for the last 2 years, and the net result is ?

Yep, it may suck in HK, but its safer than the rest of the world. Just don't complain about the system to anyone, everyone's being watched by big brother now LOL.
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