PPRuNe Forums - View Single Post - Cathay Pacific posts worst first-half loss in at least 20 years
Old 20th Aug 2017, 17:28
  #38 (permalink)  
Trafalgar
 
Join Date: Mar 2008
Location: London
Posts: 1,539
Likes: 0
Received 0 Likes on 0 Posts
The glory days of CX ended over a decade ago. The perceived 'brilliance' of the CX/Swire management has been uncovered to reveal the pathetic truth: it was only the monopoly situation they enjoyed in HK that allowed them to be successful. Once that was stripped away, it was apparent that the 'king had no clothes'. HK airlines, and a myriad of other low cost carriers, and overseas majors with better products and marketing, will undoubtedly reduce CX to a niche player, with a long ago tarnished reputation. The airline, as we once knew her, is done. For the individual pilot, there are better careers to be had elsewhere, certainly so when you consider raising your family in an expensive, polluted, crowded and increasingly 'chinese' city. The writing is writ large on the wall....it will be interesting to see how many of us 'read' that writing and act accordingly.
Trafalgar is offline