FlyerTalk Forums - View Single Post - CA to take over most of CITIC's shares in CX
Thread: CA to take over most of CITIC's shares in CX
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Old Aug 17, 2009 | 10:38 am
  #3  
ChrisLi
15 Years on Site
 
Join Date: Jan 2008
Location: Hong Kong
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Originally Posted by JALlover
what do you guys think about this take over? Will it affect or influence how CX is going to work in the future?
I am scared that this may change the service standard of CX, since they have a larger influence in the airline
I think there won't be super big change as

1. Swire still hold majority share
2. Cathay has been a contributor to CA's revenue sheet under current management, so they probabaly just let CX do whatever they doing

Nothing big but just an emergency exit for CITIC due to their "accumulator" damage
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