Originally Posted by
patrickw
With HX in its own trouble and the bay area airline still in the process of getting its operating license, I think CX management considered this is already the best time to do so. Once the bay area airline has started operating, CX will have even higher risk of losing rights than it is now.
Not sure how long would it take for the authority to re-distribute the routes of KA, and also not sure when any new airline can participate in bidding the routes. Hope CX management is right about the timing, otherwise they'd be making the same (if not more serious) mistake as to oil hedging and in great trouble.
For HX, I guess they won't be interested / cannot bid KA's route that they are currently operating? I think those routes with highest stakes are PEK, PVG etc.