The next headline in the SCMP will be that CX has to furlough Pilots and Cabin crew for the first time in their existence. I am pretty sure they are already looking at the cost savings downgrading FO's to SO's. According to MH, SO's will be getting a P1 rating as upgrade times to JFO will be past the 5 year expiry of the P2X rating and of course for safety reasons on 2 SO operations.