PPRuNe Forums - View Single Post - CX profits falls by 82%
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Old 30th Aug 2016, 17:46
  #88 (permalink)  
MENELAUS
 
Join Date: Aug 2015
Location: Gerloz
Posts: 875
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You'd better hope Swires' do buy back a big chunk of the shares. A huge amount of our profit ( sic) is attributable to Air China, and has very little to do with our performance.
As things stand we could very readily be acquired by the HNA Group. ( They'd buy KA for the slots alone ) and we have no government safety net. So just like all the rest, TWA, PAN AM, Air Europe etc etc down the toilet it goes. And good luck with whining about three man long haul or failed TA's then. Who would you sell your DB /Tung Chung flat too ? Or your worthless boat. ? HKA guys ?
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