Originally Posted by
gloopy
The furniture is all gone and the house is starting to get cold. So what do we do now? I guess we could buy some time by burning the hardwood floors. Everyone talks about what a genius RA is because of his latest string of quarterly and YoY numbers, but if we get caught flat footed by relatively disorganized and merger tangled competitors just because we wanted to stroke off the investment community for just oneeeeeeee more earnings report, that will go down in history as yet another classic billion dollar managament blunder as we look up to watch the winds of corporate myopia fill the cells of more parachutes of gold.
That's what I am afraid of as well. In related news...
United Airlines aims to open secondary Chinese cities with the 787 | CAPA - Centre for Aviation
European and Middle Eastern carriers are slowly opening services to China's secondary cities that may be overshadowed by Beijing and Shanghai but still boast of populations well into the millions.
Now United Airlines looks set to be the first North American carrier to introduce non-stop service to secondary cities, with CEO Jeff Smisek telling local media that its Boeing 787s will open cities like Chengdu, Chongqing, Xi'an and Wuhan.
Such services will bring the China-North America market to a new stage of development, critical since from the Chinese perspective it is expected to be the healthiest and most stable long-haul market. Yet the balance for the long-term will be weighted towards US carriers, which not only will have a larger domestic market than China for at least a decade, but also have regional traffic around Latin America to feed to long-haul routes, whereas Chinese carriers' regional traffic around Asia is more hotly contested.
North American carriers still confined to Beijing and Shanghai. Air Canada, American Airlines, Delta and United serve mainland China, but only to Beijing and Shanghai. Delta had planned a Tokyo Narita-Guangzhou service but this has been repeatedly postponed.
European carriers have been more ambitious in opening secondary Chinese services, with Air France, Finnair, KLM and Lufthansa all operating to points other than Beijing and Shanghai. Noticeably absent is British Airways, but it has now placed secondary cities on its agenda