sounds like a fair deal ?? a normal roundtrip business class HKG-JFK is more than the HK$46,880 already ??

from http://www.cathaypacific.com/hk/offe...45257,00.html/

Visit 3 of our favourite destinations with our new World Pass

Ever thought of taking a vacation and visit all those dream places? From now until 20 December 2001, we're offering a special World Pass at just HK$11,880 for Economy Class (HK$46,880 for Business Class). You can even choose to pay a surcharge, and fly one or more sectors First Class to enjoy our impeccable service.

With our World Pass, you get 3 return tickets to a choice of more than 30 global destinations in 20 countries. This includes a maximum of 2 long haul round-trip tickets and 1 short haul round-trip ticket. What's more, you can also enjoy an extra 10% discount on booking Cathay Pacific Holidays' Stay-A-While hotel packages.