My friend who is still in management tells me that all out panic is developing within the heirarchy of the company. Apparantly the Hong Kong Government has quietly informed them that they 'will not' allow another shutdown of the airline, and are decidedly unimpressed that management have allowed the situation to deteriorate to this level once again.... In addition, the issue of 'open skies' has been raised insomuch as Cathay risks the entry of 'all out competition' from foreign carriers, with the HK Governments blessing. If I was a shareholder in CX......I would not be well pleased with the handling of the company the past few years. Short term corporate profits at the expense of long term stability and steady growth don't represent good corporate governance in most peoples book. Most of us don't care anymore, and couldn't care less what threats they throw our way. We have been pushed far enough....and it is well past time we pushed back.