Oxymoron
Arrowhead,
You may be right, but I doubt it (despite your record to date on this forum where you have been the best forecaster).
NX and management is an oxymoron - whether resting or not! I believe the AACM may be belatedly regulating and realise that what NX are proposing for Macau Express is just plain unacceptable or even potentially unsafe.
I am not certain that Viva would be able to get their hands on NX routes unless the Govt come to the party and get rid of this whole iniquitous concession system. Ironically Viva now looks like the best managed airline (real or imagined) in Macau, which is an interesting indictment of the place!
The real intrigue behind the scenes is undoubtedly the in-fighting between the share holders. The Shun Tak lot look set to lose a bundle on their investment, which they will not take lying down; the Air China attempt to arrogantly steam roller everybody seems to be losing steam; the so called Chairman of Macau Express is a discredited man whose protestations to the staff that nothing has changed would be laughable if not so serious for the remaining employees.
I just can not see this phoenix rising from the ashes - a sad case of self immolation. It is a potentially interesting case for the business school types - if an airline has capital, political influence, guaranteed routes and a sympathetic regulator can it fail? We know the answer now - but it took great political skill and management/ board ineptitude to snatch defeat from the jaws of this one!!!
Air Macau management's victory over Macau Express may yet prove to be Pyrrhic!
Hailer