FlyerTalk Forums - View Single Post - Cathay running out of cash in 40 days
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Old May 14, 2003 | 5:25 am
  #28  
oneworld Fan
 
Join Date: Mar 2002
Location: Singapore
Posts: 274
jakob,

Thanks for your supporting views on this topic. I am glad someone is thinking along the same lines as me.

Going off topic, look at Lufthansa - it lost US$476 million for the quarter (3 months) - now that equates to over $5 million loss per day.

Let's not get carried away with the CX issue too much. There are other airlines out there that are BAD - VERY BADLY MANAGED than what we are getting carried away with here. Please, give me a break. Why not talk about what's happening at SQ for a change.
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