PPRuNe Forums - View Single Post - CX profits falls by 82%
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Old 19th Aug 2016, 04:19
  #21 (permalink)  
Michael Hunt
 
Join Date: Aug 2007
Location: Hong Kong
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This storm is not going to be short.
We are witnessing the decline of Cathay.
Pure mismanagement.
We got complacent. We assumed the punters would keep showing up like they have in the past.
We cut the First Class product back to just above where business class used to be and then cut Business class back to just above economy.
Our first class, where it is installed is just not that good in comparison and business is barely there as well.
Sad state of affairs.
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