Decreasing liability?
SFVoyage,
Cathay matches miles donated by AsiaMiles members to the tune of 137 million... So 137 million miles have been transferred from member accounts and a further 137 million have been newly issued in the match. IMHO, this actually increases Cathay's liability substantially.
I strongly feel that Cathay has shown itself to be a great 'corporate citizen' and I certainly commend them on this great initiative!