Few of the posts are written by anyone who was in HK when Dragonair went to the HK Government (ALTA) to get their license in the 80's.
Cathay paid for a London based QC (Queens Counsel) to stand up in the hearings to argue their case and tried to say there was no market and therefore no need for Dragonair and a license should be denied.
How short-sighted and plane(!) wrong they were. No visions no courage to face competition, running scared. They said Kai Tak had no room, no airspace, no parking..... sounds familiar? And of course they had to buy Dragonair in the end.
CX you need to appreciate any LLC is not a threat but enhances travel options.
Singapore Airlines didn't suffer, they went from strength to strength and Chagi rose to the occasion expanding facilities and now is about to add the 3rd runway and Terminal 4 while HK debates, ponders, waffles and thinks and does nothing. Its 2022 before the 3rd runway in CLK - at the earliest.
Lets get on an live up to the Asia's World City brand or risk fast becoming just another a China village
PS Cathay who owns your shares????