Cathay's CEO Blunder over Tragedy
Letter from Chief Executive to the staff at Cathay Pacific Airways
Clearly the tragic events of yesterday will have a very significant impact on our business. It is too early to speculate how deep or long lasting the effect will be. However, we can be certain that it will make the down turn even worse.
Clearly as a management team we will be doing everything to secure our future where possible and I want staff to be reassured that we have matters under control. We will need to review our operating plans in the light of the circumstances as they unfold.
Travel is likely to be affected and, of course, our costs may be raised by fluctuations in the price of fuel. Apart from the psychological impact on the travelling public's willingness to fly, there is also the likely possibility of declining stock markets seriously affecting consumer confidence.
As we have done so many times in the past we will combat these problems together as a team and I look forward to working with you all on these issues. I will let you have more information as things unfold.
Our thoughts go out to those directly affected and to their families. American Airlines is our oneworld partner and our thoughts are with Don Carty and his colleagues.
David Turnbull
This is the rambling of a selfish, money obsessed moron. Thousands of people dead and injured and he rants on about CX's business prospects.
He does not represent anyone at Cathay Pacific Airways.
The real staff at Cathay Pacific offer their unconditional condolences and sympathy and support to those involved in the events that have unfolded in the USA over the last couple of days. We are here to offer any help we can.
Herb.
[ 13 September 2001: Message edited by: Herb ]