Originally Posted by
percysmith
Kachjc and 380flyer: this time I agree with both of you
If CX can keep out competition and keep a vice-like grip on HKG bilaterals then I agree there's no need to set up a LCC
No need to give the public any expectation of lower prices when there's no competition making you do so
chongcao: if you're the only restaurant around you can charge Michelin prices for Cafe de Coral food. Milk your schedule til passengers pips squeak. Given recent complaints here and offline I don't think the analogy's an exaggeration.
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CX is increasing ASK by 1.1% but decreasing yield by 5.2%
Given I doubt any of us are decreasing yield by 5% the benefit is likely to be enjoyed by outport O&D and transit pax.
Hard to argue with these observations.