Originally Posted by
unfrequentflyer
You think of this matter from a business point of view. Right now CCP is in control. Not the CX management or the shareholders. There are someone in China talking about starting a new airline from scratch. Call it Big Bay Area Airline. They are ready if they can take over CX route and assets.
Yep, CCP is in control, or at least, that is what they want. Reality might be a bit different, even in China, more and more people get completely fed up with the policies enforced with violence and threats.
Even a Greater Bay airline, would suffer in HK from the same issues CX is facing. So, no gain for a new-comer, not to say, a big disadvantage, given that starting an airline does cost a fortune, especially, when the flights can only be limited.
Not to say, what I heard -though from far away- the Greater Bay owner is not in such a good standing with the China government. Understandable, since proper service (needed for a successful airline) and communism aren't on the same plate, IE, more on the opposite sides (proper service being at the top).
Just think: What value proposition would a new airline need to bring, to attract bookings ? Low Pricing ? Network ?
Low Pricing does only bring profit when the airplanes are full.
A network: It takes ages to build an extensive network.
Both of these items are already solved at CX (only partial low pricing, a huge amount of knowledge around pricing), and CX does have an extensive network (though put asleep at the moment, though that would apply to Greater Bay to).
Who is in control: As long as the CX shareholders fund money to keep the airline alive, they are in control.