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Thread: CX vs HX
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Old Apr 7, 2019, 12:49 am
  #12  
winnipegrev
 
Join Date: Feb 2013
Location: Never home.
Posts: 2,971
Originally Posted by brunos
We just flew to DPS in J with HX. This is a 5 hour flight. Both flights with very comfy flat beds (332V and 332S) and more spacious then CX Cirrus; they fit only 18 seats where CX fit many more.
CX doesn't have A332s, most of the A332/333 length difference is between doors 1 and 2. On a side note - those A332s won't be around for you to enjoy much longer as HX will be dumping them.

Originally Posted by brunos
WIld assertions about the financial health of UO or HX floated around. Apparently UO was profitable, even if the owner HNA was not. This was the information provided by the airline and the hefty price (HKD2.25 billion) would confirm it. The owner of HX and UO is strangled by its enormous debt level, so it needs to sell profitable assets for cash to service its debt. It does not mean that these assets are worthless.
I don't think anyone would argue they are worthless, but their value is in their slots not their leased (mismatched interior and engine) aircraft or patchy network.

UO was not profitable. CX stated UO lost $18M in 2018 even with low fuel prices.

HX cut their entire Australian network, all of their NZ flights, and are cutting all of their remaining longhaul frequencies nearly in half. They are bleeding, and badly. But looking at the route in isolation, HKG-DPS is great with their fire-sale pricing as long as you're comfortable flying knowing they may shutter or reduce operations before the actual date of flying. In the very near term, I wouldn't be concerned about booking HX 1-2 months forward.
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