CX New strategy rollout in 2017
May 21, 2017, 7:27 pm
#226
Join Date: Aug 2013
Location: HKG
Programs: CX DM, Watsons Wine Burgundy
Posts: 415
May 21, 2017, 7:54 pm
#227
Join Date: Aug 2012
Programs: AA PLT, SPG Gold
Posts: 2,405
The SCMP article stated "[l]osses have mounted due to cheaper airfares and a slump in the number of passengers travelling in business class."
It's my opinion, but I think getting rid of "Premium economy" is the key to profits. Econ, Biz, and F. Anything Y+ never cuts it, a history of destroying an airline business, why would anyone be sold that instead of a business class seat.
For example, B4 JL went bankrupt, they gave me a Y+ upgrade, but they still fed me green raviolis. Now why would I want premium economy after that one. Never sat in a Y+ seat ever again.
It's my opinion, but I think getting rid of "Premium economy" is the key to profits. Econ, Biz, and F. Anything Y+ never cuts it, a history of destroying an airline business, why would anyone be sold that instead of a business class seat.
For example, B4 JL went bankrupt, they gave me a Y+ upgrade, but they still fed me green raviolis. Now why would I want premium economy after that one. Never sat in a Y+ seat ever again.
May 21, 2017, 8:00 pm
#228
Join Date: Feb 2011
Posts: 5,797
The SCMP article stated "[l]osses have mounted due to cheaper airfares and a slump in the number of passengers travelling in business class."
It's my opinion, but I think getting rid of "Premium economy" is the key to profits. Econ, Biz, and F. Anything Y+ never cuts it, a history of destroying an airline business, why would anyone be sold that instead of a business class seat.
For example, B4 JL went bankrupt, they gave me a Y+ upgrade, but they still fed me green raviolis. Now why would I want premium economy after that one. Never sat in a Y+ seat ever again.
It's my opinion, but I think getting rid of "Premium economy" is the key to profits. Econ, Biz, and F. Anything Y+ never cuts it, a history of destroying an airline business, why would anyone be sold that instead of a business class seat.
For example, B4 JL went bankrupt, they gave me a Y+ upgrade, but they still fed me green raviolis. Now why would I want premium economy after that one. Never sat in a Y+ seat ever again.
It's about time these were cuts were made. From what i hear within CX they've fallen into the HK trap of having a lot of poorly performing employees get into powerful positions through who they know or who their family knows. I just hope they get rid of the right people.
May 21, 2017, 8:12 pm
#229
Join Date: Jan 2015
Posts: 192
The SCMP article stated "[l]osses have mounted due to cheaper airfares and a slump in the number of passengers travelling in business class."
It's my opinion, but I think getting rid of "Premium economy" is the key to profits. Econ, Biz, and F. Anything Y+ never cuts it, a history of destroying an airline business, why would anyone be sold that instead of a business class seat.
For example, B4 JL went bankrupt, they gave me a Y+ upgrade, but they still fed me green raviolis. Now why would I want premium economy after that one. Never sat in a Y+ seat ever again.
It's my opinion, but I think getting rid of "Premium economy" is the key to profits. Econ, Biz, and F. Anything Y+ never cuts it, a history of destroying an airline business, why would anyone be sold that instead of a business class seat.
For example, B4 JL went bankrupt, they gave me a Y+ upgrade, but they still fed me green raviolis. Now why would I want premium economy after that one. Never sat in a Y+ seat ever again.
Which airlines has Y+ destroyed? Most of the world's premium arlines have Y+ now, and for good reason.
Y+ is a big contributor to Cathay's profitability, behind J class. I think they have positioned Y+ very smartly, a worthwhile upgrade if you were thinking of Y, but not so great that anyone who is used to J would settle for Y+.
May 22, 2017, 3:08 am
#231
Join Date: Oct 1999
Location: HKG
Programs: CX DM, SQ, BA, TG, Sheba, VN, MPO since 1980
Posts: 1,058
May 22, 2017, 3:53 am
#232
Join Date: Jan 2015
Posts: 192
I travel regularly between Australia and Asia. The only airlines I have seen offering business class for similar prices to CX PEY are the likes of Scoot and Jetstar, and that's because their "business class" is more like PEY on a premium airline.
Even with the likes of China Eastern, business class is still only ~AUD$1000 cheaper than CX business class, and still double the price of CX PEY. And I would much prefer to pay the extra to travel CX, if only for safety reasons.
May 22, 2017, 4:25 am
#233
FlyerTalk Evangelist
Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
May 22, 2017, 4:30 am
#235
Join Date: Oct 2016
Posts: 291
May 22, 2017, 6:49 am
#237
Join Date: Nov 2014
Location: KUL/BOS
Programs: AZ FA+, BA & UA Gold
Posts: 342
That's what the c-suite thinks; in reality the premium is never small on CX, and between buying a cheaper Y/PY ticket elsewhere or upgrading to J on another carrier, CX doesn't have either of its bases covered.
May 22, 2017, 4:49 pm
#238
Join Date: Jul 2015
Location: SYD | HGH
Programs: CX DM, Hyatt Globalist, Hilton DM, Marriott Plat
Posts: 2,121
Which alternative carriers are these?
I travel regularly between Australia and Asia. The only airlines I have seen offering business class for similar prices to CX PEY are the likes of Scoot and Jetstar, and that's because their "business class" is more like PEY on a premium airline.
Even with the likes of China Eastern, business class is still only ~AUD$1000 cheaper than CX business class, and still double the price of CX PEY. And I would much prefer to pay the extra to travel CX, if only for safety reasons.
I travel regularly between Australia and Asia. The only airlines I have seen offering business class for similar prices to CX PEY are the likes of Scoot and Jetstar, and that's because their "business class" is more like PEY on a premium airline.
Even with the likes of China Eastern, business class is still only ~AUD$1000 cheaper than CX business class, and still double the price of CX PEY. And I would much prefer to pay the extra to travel CX, if only for safety reasons.
MH is a very good alternative as being OW.
May 23, 2017, 1:40 am
#239
Join Date: Sep 2016
Location: MNL / SFO / NYC
Programs: IHG Spire | Marriott Plat | UA Plat | AA Plat Pro
Posts: 533
I could compare CX to SQ, a one-way J fare on CX is US4k and with SQ it's US2.6k and CX's PEY is 1.8k so spending an extra 800 usd for me is worth it even if I have to fly an extra 4 hours.
May 23, 2017, 3:08 am
#240
Join Date: Dec 2008
Location: Hong Kong
Programs: CX DM
Posts: 1,140
I don't agree. Plenty of passengers place a monetary value on non-stop versus 1-stop. A large price gap results in a significant slice of the market switching. I have a HKG/LHR return in J coming up which I booked for HK$26k which is only marginally more expensive than a non-stop upgradeable PEY on CX.