PPRuNe Forums - View Single Post - Air Macau-money trouble
View Single Post
Old 31st Jul 2008, 14:07
  #18 (permalink)  
hailer
 
Join Date: Jul 2001
Location: hong kong
Posts: 36
Likes: 0
Received 0 Likes on 0 Posts
What has MAX got to do with it?

I presume the reference to MAX is a belated response to posts from Just - Du - It and B747 - 800?

If MAX is not dead it belies belief. The MAX business model was based on a concession from NX (supposedly a result of Government arm-twisting) that would have seen MAX doing the very things that NX has to do to save itself. Why NX would be the majority share holder in an attempt to steal their life boats whilst they rearranged the deck chairs on the Titanic makes no sense. MAX was always a smoke screen politically aimed at destroying the TAP will to survive in Macau. The MAX Chairman (and NX director) has form (in HKG) in this respect. NX themselves pulled the plug on MAX.

The NX business model is now bust in addition to having a totally inept management. The Taiwan - mainland market is about to suffer rigor mortis. The chances that the residue of MAX management is gainfully employed in NX is very unlikely seeing they had a little less than abiding love for each other.

Notwithstanding the usual entertaining yet self centered pprune comment on this thread, NX is a hopeless case - government support; preferential treatment; a concession on any routes it wants; a regulatory authority in its pocket; resident in the territory with the highest GDP in Asia and unable to make a go of it?

NX needs competent shareholders, a strategic direction and new management + investment to survive - the rather tasteless racist and xenophobic comment on this thread is sadly irrelevant. That being said it would be lovely if they could survive for the sake of the few good men.
hailer is offline