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Chapter 677 A message

Moreover, in Hong Kong, I don’t know where or where, suddenly, the news came out that Cathay Pacific Airways wanted to transfer a batch of passenger planes and cargo planes to the Fang family, Guo family and their newly established airline.

The news spread quickly in Hong Kong, and it was said with both nose and eyes - Cathay Pacific Airways, as the largest aviation company in Hong Kong, also controls Dragonair, the second largest airline, and has formed a de facto

, the monopoly on Hong Kong’s aviation market.

Not long ago, the World Trade Organization has criticized Hong Kong's monopoly status in many fields, and the United States has also expressed support for Hong Kong's anti-monopoly legislation. The Fang family, the Guo family, the Zheng family, and the Li family established a new system in Hong Kong.

The number of airlines is undoubtedly the result of the Hong Kong government's efforts to break Cathay Pacific's de facto monopoly on the Hong Kong aviation market.

Moreover, since the June 28 terrorist attacks, the world's aviation industry has been deeply hit, profit margins have dropped significantly, and it is facing perhaps the most serious loss situation in recent decades. Cathay Pacific Airways is also facing this problem

, in the past month or so, the average flight occupancy rate has been difficult to ensure even 50%.

In this case, Cathay Pacific Airways transfers passenger aircraft and cargo aircraft to the new company. On the one hand, it can reduce operating costs and recover part of the funds. At the same time, it also gives up part of the market share to the new company in disguise, thereby peacefully ending the order in the Hong Kong aviation market.

An oligopoly situation to avoid fierce competition in the future.

The news sounds very much like that. A while ago, the Office of the U.S. Trade Representative in Hong Kong indeed publicly stated that "some service sectors in Hong Kong are dominated by one company or a few companies." This was regarded by the media as

This is the US government’s criticism of Hong Kong’s weak anti-monopoly.

Hong Kong, which has a very low tax rate, has long been regarded as an unfettered playground for capitalists. As early as the 1950s and 1960s, Hong Kong's economy was basically monopolized by the four major British banks, especially HSBC.

It is the lifeblood of Hong Kong's economy. In modern times, although Hong Kong's economy has got rid of the monopoly of British capital, it is also subject to the de facto monopoly of local consortiums - from housing to daily necessities, from electricity and energy to road transportation, from shopping malls to

With the telecommunications network, Hong Kong people have found that their "food, clothing, housing and transportation" are all within the sphere of influence of several major financial groups in Hong Kong.

For example, Hong Kong's electricity market is monopolized by two companies, Hong Kong Electric Group Co., Ltd. and CLP Holdings Co., Ltd. As for supermarkets, the two major supermarket chains, Wellcome and PARKnSHOP, control almost the entire market.

It is almost because the remaining market share is almost completely occupied by Carrefour Group. Although the market share occupied by Carrefour Group is much lower than that of the first two, considering that Carrefour Group has the entire vast mainland market behind it, and there are also

With the support of the Fang family and the Guo family, who have huge influence in Hong Kong, Wellcome and Parknshop want to squeeze it out of the Hong Kong market. It is also extremely costly and will offend the Guo family and the Fang family.

The Guo family and the Fang family control the largest shipping fleet in Hong Kong, including oil tankers, bulk cargo and container transportation. If the Guo Shipping Group has closed its door to a certain company, it can still be used in Hong Kong.

Find other shipping companies, but the transportation costs will inevitably increase significantly. Even if they can tolerate the greatly increased transportation costs, they must also consider the influence of the Fang family in the mainland - after all, Hong Kong has a small land and a small population.

and the market is limited, a lot of Hong Kong capital is actively entering the mainland.

The aviation market can be said to be the only remaining industry monopolized by British capital. Cathay Pacific Airways also knows that the Chinese government is actually very dissatisfied with the Hong Kong aviation market being monopolized by British-owned Cathay Pacific Airways. Therefore, for

Cathay Pacific attaches great importance to the spread of this news. A spokesman for Cathay Pacific quickly publicly stated to the media that Cathay Pacific has not and will not transfer its aircraft to any airline in the future.

Plan! Moreover, Cathay Pacific Airways has the confidence and strength to face the challenges of any competitor.

Cathay Pacific's statement naturally reached the ears of Boeing and Airbus. As a world-renowned airline with more than 120 large civil aviation aircraft and more than 20 cargo aircraft, Boeing and Airbus

The company's major customers, Boeing and Airbus, naturally have to pay close attention to every move they make at this sensitive time.

The executives of Boeing and Airbus also attach great importance to the news circulating in Hong Kong - with the preparatory work for the new airline being carried out in an intense and orderly manner, the time for operating flights is becoming increasingly urgent.

——It’s impossible for an airline to be officially listed but not even have a single aircraft available for operation. Therefore, the purchase of new aircraft must have a result within the last month or two at the latest.

But the news reminded them that although Fang Mingyuan said that he had been negotiating with the two major companies to purchase new aircraft, establishing a new airline fleet did not necessarily mean hanging from the two trees of Boeing and Airbus.

As the international aviation industry suffered a heavy blow due to the June 28 terrorist attacks, the flight occupancy rates of many airlines were appallingly dismal. Therefore, some airlines did transfer a batch of their fleets in exchange for funds.

Plans to tide over the difficulties. Moreover, those world-renowned aircraft leasing companies are also facing the problem of finding customers for many large civil aviation aircraft in their hands.

In this case, if Fan Mingyuan buys or leases enough aircraft, it is very possible that the price will be very cheap. After all, the industry generally believes that the aviation industry was detonated by the June 28 terrorist attacks.

I am afraid that the crisis will have to last at least until the next year before it can be reversed. This period of almost two to three years is enough for some companies that are not very wealthy to face bankruptcy. Should they lose some profits and wait for a comeback in the future, or should they die

Is it worth thinking about waiting for two or three years before it is completely closed?

And if Fang Mingyuan really chooses to do this, Airbus and Boeing will be in trouble! The aircraft they built cannot be sold and are left on the tarmac of their headquarters, which would be very embarrassing. Of course, they
Chapter completed!
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