How about this Rumuor!
Thread Starter
Joined: Aug 2008
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From: Polar Route
Joined: Dec 2006
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From: Singapore
Interesting that CX felt it necessary to deny it as they couldn't do it anyway - EU rules state 49% max shareholding of EU airlines by foreign companies. However what about JS & Sons who certainly could do it legally and financially (they must have mega bucks in the bank)
Watch this space!
Watch this space!
Joined: May 2002
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From: the fatigue curve
mathematics
fairly simple I would have thought
49% ownership by cathay
10% by JS & Sons
That would be majority ownership.
If they did decide to do it I'm sure there would plenty of creative ways to avoid the foreign ownership problem.
49% ownership by cathay
10% by JS & Sons
That would be majority ownership.
If they did decide to do it I'm sure there would plenty of creative ways to avoid the foreign ownership problem.
Joined: Sep 2007
Posts: 947
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From: asia
Of course, silly me, doom and gloom and
and destruction, and we are losing passengers ( 2 xxld in the last week alone !! ), so the logical thing to do is buy a major stake in another airline ( one that is probably sprouting the same
to its employees )
and destruction, and we are losing passengers ( 2 xxld in the last week alone !! ), so the logical thing to do is buy a major stake in another airline ( one that is probably sprouting the same
to its employees )
Joined: Mar 2006
Posts: 135
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From: H.K.
doom and gloom and
and destruction, and we are losing passengers
and destruction, and we are losing passengers
Damm the one who leaked this pre maturelly, now the staff know what they are up to.
Last edited by CXtreme; 23rd October 2008 at 17:24.
Joined: Mar 2006
Posts: 135
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From: H.K.
Maybe we could then get them to stop calling themselves "THE Speedbird 288
but first we need to stop that awfull practice of staff travel, can you amagine.... up grading staff family before pax, using the lounge at out ports, FREE F.O.C's ....... not when we rule!!!!





