FlyerTalk Forums - View Single Post - CEO Rupert Hogg resigns; also other top execs
Old Aug 16, 2019, 5:31 am
  #19  
Transpacificflyer
 
Join Date: May 2012
Location: BKK/SIN/YYZ/YUL
Programs: DL, AC, Bonvoy, Accor, Hilton
Posts: 2,926
Another wound. While I appreciate that there is an undertone of politics, I believe that vested interests have been waiting for an opportunity to disrupt CX and damage the carrier 's positive position in the market. It has been a long time coming. The mainland carriers couldn't compete on the basis of service, quality, reliability, personnel nor come remotely close to the dynamic attraction of Hong Kong as a hub, and so their allies in the mainland military/political/industrial conglomerate waited for an opportune time to clip the wings of Cathay.

Oh sure, some will say, that any financial loss would hurt Air China and other mainland investors, but that impact is nothing when offset by the gains to other other holdings.The mainland interests are playing the long game and are moving with discipline and patience.
Transpacificflyer is offline