Originally Posted by
20Fathoms
The language is going to be key here. Reading between the lines is that the company wants to pull down what little Pacific flying we have due to the fact that Asia still hasn’t reopened. While I get why the company would want that, I’m a local in the “Gateway to Asia” city. That bodes ill for the future of widebodies in SEA. Plus Pacific flying is much easier on my body and has a higher degree of augmentation.
Theatre language would have to be rock-solid to get my vote. Hoping I’ll be pleasantly surprised but not holding my breath.
China is in the toilet. China ≠ Asia. China is in the beginning of the end for the CCP. The country is entering their own lost decade.
Other counties like Vietnam, Philippines, Indonesia and Thailand are going to pick up the manufacturing slack while Singapore, Korea and to a lesser extent, Japan and Australia will lead the financial sectors.
Lots of TPAC flying to be had in the next 2-5 years. China is very quickly becoming a has-been.