FlyerTalk Forums - View Single Post - AA Award: Cathay Pacific / CX availability, etc. (master thread 2023 onwards)
Old Mar 16, 2023 | 5:31 am
  #44  
WannaTheater
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Originally Posted by scubadu
WannaTheater, I think you are really being a tad unrealistic in your expectations. By CX own published business plans, they are targeting (i.e. not guaranteeing) being back to 70% (i.e. not 100%) of pre-pandemic flying by the end of 2023. And as we sit here in March, they are nowhere even near that goal. Most routes from the US have not yet been restored and most routes around the world have not been restored yet.

To put this in context, when CX released their numbers last June (so June 2022, less than a year ago), their passenger numbers were down 95.2% (read that number again) compared to pre-pandemic. Obviously, as we sit here in March of 2023 those numbers are moving up, but I just don't think you are fully grasping what happened to this airlines capacity. They just don't yet have that many seats in the air and the very few they do have, they can very easily sell, for you know, money.

So you didn't join the party "late" you joined during a global pandemic, that due to China/HKs specific covid policies, damaged this airline perhaps almost more than any other in the world and it's going to take a very long time to recover. Honestly, I'm just thankful it appears this airline is actually going to survive, because frankly, that looked a bit uncertain for awhile...

Regards
No argument here, and no question that all the carriers took it on the chin during the pandemic. On a positive note, AA reported ~50B in 2022- back to profitable.
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