Originally Posted by
27/09
No doubt they'll bounce back just like QF did after it posted a significant lose a couple of years ago.
QF bounced back mostly due to the price of fuel, not through the magic of management. CX doesn't have that luxury to bounce along with due to the disastrous fuel hedge. For me, as a long term CX shareholder who paid well over $20/share, the pain is going to continue for a long time. That is, if they can survive the long term.
I also used to be a CX Marco Polo Club frequent flying passenger. But when they try to charge $6,000 AUD for a one-way economy ticket DXB>HKG>PER they don't get me as a fare paying passenger any more. They are their own worst enemy.