Originally Posted by
corporal klinger
The Hong Kong government had much longer and stricter Covid restrictions compared to the Emirates and Singapore. Cathay wasn't allowed to restart their business earlier. Since it was also unknown at what time they could restart it was not possible to hit the ground running either, keeping personel and aurcraft on standby would have been a financial desaster. Additionally, it is not possible to restart canceled routes immediately.
they planned to retain nigh on all of their pilots, but well over 1000 left, because of CX’s opportunistic land grab from them.
If they kept their staff on side, they would have already bounced back. Delayed slightly due to HK restrictions, but hugely better off than where they currently find themselves. Just look at the demand.
PW is right. Other airlines are feasting. Look at the figures. A once big player has been all but removed from the game due to their own leadership decisions, and everyone else is cleaning up as a result.