This is not too dissimilar to the lamenting over CVG, MEM, DFW, etc. Or PIT, RDU, BWI, and BNA on US/AA. Markets and economics change. Remember when WN was a true LCC and entry into a market meant the "majors" would throw a firesale before abandoning it?

Back to Asia... business travel is way down and CFOs are asking people to maximize Zoom. It's "easy" to cut travel to Asia because it's more expensive than travel to Europe and because of the time it takes to fly there. Finally, I do think US-China relations are having a significant impact on things. Last year's imports from China were less than 2018, and this year is on track to be at 2011 levels. HKG is less appealing to tourists because of the political situation. Even tourism to mainland China is soft. WIthout the O&D traffic, we aren't going to see much rebound in flights into locations where there isn't also a strong partner airline to provide onward connections.