Bloomberg: Cathay Pacific Is On Life Support, and Hope Is Running Out
#31
Join Date: Jan 2005
Programs: BA Gold, several other less interesting cards...
Posts: 3,712
I have an Avios booking LHR-HKG-MEL in April. Now that Oz has opened up it looks like the first part is good. The second part is that it is on CX through HK and that is seeming very iffy.
I recall that if the carrier runs the flight you can’t get a reroute even if the rules don’t allow transfers. I’m in J so options for change are limited. I really don’t fancy ex-NRT in Y!
I recall that if the carrier runs the flight you can’t get a reroute even if the rules don’t allow transfers. I’m in J so options for change are limited. I really don’t fancy ex-NRT in Y!
#32
Join Date: Sep 2005
Location: TPE / HSZ
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I have an Avios booking LHR-HKG-MEL in April. Now that Oz has opened up it looks like the first part is good. The second part is that it is on CX through HK and that is seeming very iffy.
I recall that if the carrier runs the flight you can’t get a reroute even if the rules don’t allow transfers. I’m in J so options for change are limited. I really don’t fancy ex-NRT in Y!
I recall that if the carrier runs the flight you can’t get a reroute even if the rules don’t allow transfers. I’m in J so options for change are limited. I really don’t fancy ex-NRT in Y!
#33
Join Date: Jan 2005
Programs: BA Gold, several other less interesting cards...
Posts: 3,712
I thought that. Will they reroute? It's on a BA ticket so I guess BA will deal with that.
#34
Join Date: Sep 2005
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#35
Join Date: Dec 2005
Location: SYD
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Change your flights. That was the strong advice given to me as well as my reading of the current HKG/CX situation.
Last edited by Cedar Jet; Feb 7, 2022 at 7:44 pm
#36
Join Date: Jan 2005
Programs: BA Gold, several other less interesting cards...
Posts: 3,712
Just seen the news today. It’s not looking good…..
Edit. It’s an Avios flight so I might just sit and wait on this booking. I can cancel at short notice. I’ll just make alternative arrangements as well.
Edit. It’s an Avios flight so I might just sit and wait on this booking. I can cancel at short notice. I’ll just make alternative arrangements as well.
Last edited by srbrenna; Feb 8, 2022 at 2:49 am
#37
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If it's really got to a stage where it needs what must still be a tiny amount of revenue against the weekly loses, then that's pretty desperate.
#38
Join Date: Sep 2013
Location: DXB / KUO
Programs: AY, SQ, EK
Posts: 858
PR (the actual state airline) wasn’t able to really sustain routes to the US pre-pandemic- they were also literally in bankruptcy in 2021.
https://www.asianjournal.com/usa/dat...recovery-plan/
...
https://www.asianjournal.com/usa/dat...recovery-plan/
...
PAL Holdings, Inc.
https://phi.com.ph/our-company/
"The Group operates through its major subsidiaries: Philippine Airlines, Inc., the Philippine national flag carrier, and Air Philippines Corporation, a subsidiary under common control that was indirectly acquired through Zuma Holdings Management Corporation in 2017.The Company is a subsidiary of Trustmark Holdings Corporation (Trustmark), a domestic corporation and is part of the Lucio Tan Group of Companies."
#39
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Just for the record, I do not think we can call PR a 'state airline' in the absence of government ownership. As noted in the article, funding upon exit from Ch. 11 was also provided by the shareholders.
PAL Holdings, Inc.
https://phi.com.ph/our-company/
"The Group operates through its major subsidiaries: Philippine Airlines, Inc., the Philippine national flag carrier, and Air Philippines Corporation, a subsidiary under common control that was indirectly acquired through Zuma Holdings Management Corporation in 2017.The Company is a subsidiary of Trustmark Holdings Corporation (Trustmark), a domestic corporation and is part of the Lucio Tan Group of Companies."
PAL Holdings, Inc.
https://phi.com.ph/our-company/
"The Group operates through its major subsidiaries: Philippine Airlines, Inc., the Philippine national flag carrier, and Air Philippines Corporation, a subsidiary under common control that was indirectly acquired through Zuma Holdings Management Corporation in 2017.The Company is a subsidiary of Trustmark Holdings Corporation (Trustmark), a domestic corporation and is part of the Lucio Tan Group of Companies."
#40
Join Date: Feb 2010
Location: MNL
Programs: CX DM, SQ KFG, Marriott Plat, AccorG
Posts: 144
Sure, let’s use “flag carrier”. Does that change that a) PR’s US routes were shut down some time ago, with no sign of them being returned again, or b) any suggestions that CX, which is NOT a flag carrier in that market, could start and succeed with MNL-USA service are highly improbable fantasy fiction?
B.) It is not without precedent -- CX flew some domestic PH routes when PR was shut down in the 1990s (while transitioning from gov't owned to private carrier). It was a big deal -- CX flew MNL-Cebu and MNL-Davao. Couldn't find a news article online because this was pre-internet days! Also, Air Asia re-organized their subsidiary into a locally-owned airline (Air Asia Philippines) and obtained rights to serve regional destinations from MNL; hence, it could be done.
Which leaves the question of: is there a local market (both business and tourist) for such an expansion? Growing up in the late 70s/80s we were told that the Philippine market is "tiny and insignificant." But a marketing professor pointed out: even if only 6.6% of the population owned cars and could afford stuff like travel, that's still 6.6million (out of 110million). Which is close to Singapore's and Hong Kong's ENTIRE population. Thus, I shouldn't really be surprised that J class (pre-pandemic) was always at least 90% full, on CX, QR, JL, BR in all my flights out of MNL. Not as "tiny" as I had thought!
#41
Join Date: Dec 2004
Location: California, USA / Tokyo, Japan / Manila, Philippines
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CX flew some domestic PH routes when PR was shut down in the 1990s (while transitioning from gov't owned to private carrier). It was a big deal -- CX flew MNL-Cebu and MNL-Davao. Couldn't find a news article online because this was pre-internet days! Also, Air Asia re-organized their subsidiary into a locally-owned airline (Air Asia Philippines) and obtained rights to serve regional destinations from MNL; hence, it could be done.
Which leaves the question of: is there a local market (both business and tourist) for such an expansion? Growing up in the late 70s/80s we were told that the Philippine market is "tiny and insignificant." But a marketing professor pointed out: even if only 6.6% of the population owned cars and could afford stuff like travel, that's still 6.6million (out of 110million). Which is close to Singapore's and Hong Kong's ENTIRE population. Thus, I shouldn't really be surprised that J class (pre-pandemic) was always at least 90% full, on CX, QR, JL, BR in all my flights out of MNL. Not as "tiny" as I had thought!
Which leaves the question of: is there a local market (both business and tourist) for such an expansion? Growing up in the late 70s/80s we were told that the Philippine market is "tiny and insignificant." But a marketing professor pointed out: even if only 6.6% of the population owned cars and could afford stuff like travel, that's still 6.6million (out of 110million). Which is close to Singapore's and Hong Kong's ENTIRE population. Thus, I shouldn't really be surprised that J class (pre-pandemic) was always at least 90% full, on CX, QR, JL, BR in all my flights out of MNL. Not as "tiny" as I had thought!
Wikipedia quoted a few articles (NYT and CX's own report) and i did remember seeing this from an Erap commentator: ASIANOW - Asiaweek
PAL did return to the skies and just recently after filing chapter 11, Lucio and co placed his son in law, married to a daughter from the fourth wife who are both pilots, at the helm, deciding not to continue with professional managers who guided the company through the storm that is the pandemic.
I would think so too that the PH market is rather small for CX and that MNL/NAIA has been overused without any masterplan to create a replacement or address expansion. But CX's market is also not "domestic" per se but rather it domestic is China and Southeast Asia. Its a regional airline.
There is a however a working proposal or maybe its already being built that is the Bulacan Airport spearheaded privately by San Miguel Corporation's Ramon Ang, who at one point also bought PAL from Lucio but sold it back to him at cost. Thats a different topic.
That new airport is massive per the plans and can be at par with HKIA. I would definitely love to see CX relocate to that airport or buy PAL off Lucio's hands (which i doubt he will sell as local murmurs indicate that part of the business is peg to Lucio's first family).
History also shows one important thing the PH holds, location. Just like HK, its right in the middle of the action.
Hypothetically, assuming CX does end up flying again out of MNL via flag carrier or even as a fifth freedom rights, the only other issue with MNL is its earthquake, storm, and flooding threats. You do get away from the direct Beijing threat if you bet on MNL, well that's assuming the former dictator's son does not win the May election. But i digress.
The way i see it, CX ain't leaving HK for three reasons: Charter unless again MNL or another country opened it up to them which Lucio will oppose for sure; Air China will block it; and HK government won't allow it. They'd rather cripple it to death than see it flourish elsewhere.
Last edited by cartman7110; Feb 10, 2022 at 4:14 pm
#42
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Huh? A.) PR flies regularly to the U.S. with daily flights MNL to LAX and SFO. 3x a week to JFK, 2x a week to HNL. Even at the height of the pandemic, the frequency dipped, but never cut entirely.
B.) It is not without precedent -- CX flew some domestic PH routes when PR was shut down in the 1990s (while transitioning from gov't owned to private carrier). It was a big deal -- CX flew MNL-Cebu and MNL-Davao. Couldn't find a news article online because this was pre-internet days! Also, Air Asia re-organized their subsidiary into a locally-owned airline (Air Asia Philippines) and obtained rights to serve regional destinations from MNL; hence, it could be done.
B.) It is not without precedent -- CX flew some domestic PH routes when PR was shut down in the 1990s (while transitioning from gov't owned to private carrier). It was a big deal -- CX flew MNL-Cebu and MNL-Davao. Couldn't find a news article online because this was pre-internet days! Also, Air Asia re-organized their subsidiary into a locally-owned airline (Air Asia Philippines) and obtained rights to serve regional destinations from MNL; hence, it could be done.
#43
Join Date: Sep 2005
Location: TPE / HSZ
Programs: CX GO (=SPH), IHG Diamond Amb, Hertz 5*, Accor, Hilton, National
Posts: 6,437
The interesting thing about this is that I believe CX has re-opened its lounge in LHR T3, at a time when it won't be operating any of its own flights from there - which means it can only be doing so because they know it'll be cash positive for them with payments from other oneworld airlines.
If it's really got to a stage where it needs what must still be a tiny amount of revenue against the weekly loses, then that's pretty desperate.
If it's really got to a stage where it needs what must still be a tiny amount of revenue against the weekly loses, then that's pretty desperate.
#44
Join Date: Aug 2017
Location: New York, NY - USA
Programs: CX Diamond (DM)
Posts: 343
Taiwan and Thailand do not allow transit flights at this point. Only Thailand is really trying to reopen its boarder but really very limited transit options on single ticket only to the "sandbox program". I see the CX flight from TPE to NRT in the system for purchase in August, not sure if it will stay.
-Chris
#45
Join Date: Dec 2007
Programs: UA 1K, AA EXP, Marriott Titanium,
Posts: 244
Transit is allowed in Thailand, BKK airport only, and COVID-19 insurance is required as if you were arriving. The transit options are slim to none, so I'm not sure why anyone would find themselves in this situation... but yes it's possible and has been for some time. Again, BKK only.
-Chris
-Chris