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CX to Cut AMEX [confirmed], SCB Cards; New Replacement Bank TBD

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CX to Cut AMEX [confirmed], SCB Cards; New Replacement Bank TBD

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Old Mar 21, 2021, 12:57 am
  #121  
McM
 
Join Date: Nov 2014
Programs: Asia Miles
Posts: 8
any news on which cards they might be partnering? I am honestly not to keen on the new AA as I mainly fly Cathay & i don't want to pay for MP yearly membership...flying for work won't see much return to normal anytime soon
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Old May 3, 2021, 8:15 pm
  #122  
 
Join Date: Apr 2008
Programs: Confirmed
Posts: 1,091
Originally Posted by fakecd
an airline struggling for survival access liquidity pool by selling its own currency/IOUs (miles) where it could become worthless when it goes under

sorry did someone say Ponzi scheme?

i think priority is they get their house in order. KA routes or credit card instant cash injection, they seem to lack business plan to remain an airline.
they made people redundant, closed base, cancelled orders, reorganised fleet and raised capital. They marketed cleaning process and focused more on cargo. CX has been planning a rebound for too long. There certainly is a plan.
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Old Jun 11, 2021, 9:03 am
  #123  
sxc
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Join Date: Dec 2004
Programs: CX Green, QF Platinum, BAEC Silver, Hyatt Glob
Posts: 10,780
Continue the discussion at this thread.

https://www.flyertalk.com/forum/cath...xperience.html
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