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Old Jul 18, 2023 | 11:34 pm
  #59  
oldchinahand
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Originally Posted by Cambo
IF you have CX DM, and SQ flights upcoming, an SQ status match can be requested. I did and received it.


Do we want to blame CX for that, or should we consider this the consequence of the Chinazation of Hong Kong?
I did write many times about this, some posts got removed due to being considered "inappropriate", though that does not change the reality of the (harsh political) environment CX is operating in.


As said, it's not only about capabilities but also about the environment to operate in. The moment you have a big outstanding debt from the government, all kinds of government officials want to enforce their personal preferences, which may seriously deviate from wise business decisions. There are reasons why LH (and other airlines) did want to get rid of the government Covid loans asap. For CX that'll be much more difficult due to A) the size of the debt and B) the political landscape, where it is considered completely normal for governments to "run" a business without the knowledge, and capabilities, though with conflicting interests (to put it mildly).

Just as well then that Cathay intends pay off in full any debt to the government by year end .
Personally though I don't see government involvement necessarily a negative - Singapore airlines seems to run pretty well and that is a government majority owned airline. It rather depends on the government perhaps ?
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