Goodnews for the chaps at CR Airways. Ive met a few in the pub, very nice bunch, working for peanuts sadly........(of course if your wife works for CX, it works out OK!)
Goodluck to them.
You dont have to be a rocket scientist to see that Hainan Island is going to boom hugely over the next decade; being 'consumed' by Hainan Airlines is most likely a good thing.
As for gaining traffic rights by buying a smaller carrier.......great idea too! More of that to follow very soon I think