Through the wealth life

Chapter 495 The Unbreakable Knot
The development of Xiangjiang Airlines is booming, and Cao Guangbiao, who is in the office of the chairman of Cathay Pacific Airways, has not been in a good mood after taking over the company.

Half of Cathay Pacific’s staff quit, the incident of borrowing from mainland China, and the suspension of some routes have hit Cathay Pacific quite hard. Coupled with the price competition of Hong Kong Airlines, Cathay Pacific is currently unable to make any profits at all.

In particular, the Hong Kong Kai Tak Airport Management Office made some adjustments to their flight time, which made Cathay Pacific even more uncomfortable.

At 09:30 in the morning, Huo Yingdong, Bao Yugang, Dong Haoyun, Hu Yingxiang and others came to Cathay Pacific Airways one after another to discuss the current difficulties Cathay Pacific Airways is facing.

In the meeting room of Cathay Pacific Airways, not only Bao Yugang and others, but Zhou Chuanhui, the general manager of Cathay Pacific Airways, also attended the meeting.

Zhou Chuanhui said to Cao Guangbiao and others: "At present, due to the flight schedule of our airline, our passenger flow has not been high, and some of our aircraft are idle, which has also increased our maintenance costs. Especially our aircraft are all It is maintained by Xiangjiang Aircraft Engineering Company, and their prices are the same as those charged by other airlines, which makes us Cathay Pacific Airways lose some of the advantages we had in the Taikoo period."

Afterwards, Zhou Chuanhui also reported some of the many problems Cathay Pacific faced, but he did not come up with a solution that could be solved. Cao Guangbiao was quite dissatisfied with the general manager. Cao Guangbiao will let him go soon.

After Cao Guangbiao finished his report, he asked him to leave the meeting room, and now there was no need for Zhou Chuanhui to discuss here.

Huo Yingdong said: "Guangbiao, if you really can't do it, you can also serve as the general manager of Cathay Pacific Airways and let the professionals over there be your assistants. Otherwise, Cathay Pacific Airways will only be dragged down if this continues."

In fact, Cao Guangbiao also knows that it is quite difficult to reverse the current situation of Cathay Pacific even if he becomes the general manager himself.This is not only to face the competition of Xiangjiang Airlines, but also the Xiangjiang government is suppressing intentionally or unintentionally, and Cathay Pacific Airways has not approved any of the routes they hope to increase to the mainland.

Cao Guangbiao said: "Yingdong, Yugang, now we must first consider the problem of our idle aircraft, how to deal with it now, our airline does not need so many aircraft now, if we keep them, our company will pay more for maintenance cost."

Faced with such a situation, Huo Yingdong and others can only consider transferring the idle planes, and keeping them in their own hands is only a burden. It is better to transfer them to bring some liquidity to the company.

Bao Yugang said: "Guangbiao, if it is transferred, do you have any goals to take over now?"

Cao Guangbiao said: "Yugang, I plan to sell our company's six aircraft that have been used for a long time, and return the funds for subsequent development. The goal needs to be thought about, and you and Haoyun need to work on it more. heart."

The relationship between Cao Guangbiao and Huo Yingdong is not as good as that of Bao Yugang and Dong Haoyunguang. These two world-class ship kings have some contacts in various regions. It is relatively easy for them to contact the airline to take over.

There is no need to think about Xiangjiang Airlines. There are new planes added every month. At present, the most advanced batch of aircraft of China Civil Aviation Aviation Corporation is the same, whether it is Boeing's 747-200 or Airbus' A300-B2.

Bao Yugang said: "Guangbiao, when I go back, I will contact some airlines in Southeast Asia to see if they are willing to take over these planes."

Then they began to discuss the airline problem of Cathay Pacific Airways. If this issue is not resolved, Cathay Pacific Airways will never develop.

And this problem is quite difficult now, especially after Xiangjiang Airlines was blocked from opening up the route there, it is even more difficult for Cathay Pacific to obtain the route there from the Xiangjiang Transportation and Housing Administration.

After being silent for a while, Bao Yugang said: "If Cathay Pacific wants to develop, the biggest problem lies with Li Guangyu. If we can't reach an agreement with him on this issue, our Cathay Pacific will basically not be able to grow. possible existence."

Bao Yugang knew very well that it was almost impossible to reach an agreement with Li Guangyu on this issue, and Bao Yugang was also very anxious now.

Li Guangyu doesn't seem to care about the market there at all. The opening of the off-site route on Baodao today marks the first step of Xiangjiang Airlines' outward expansion. regional routes.

This time it was from Taoyuan to Bangkok. He believed that Xiangjiang Airlines would open more routes from Taoyuan to other regions in the future. But Yugang Bao knew that Xiangjiang Airlines’ Taoyuan base was under construction.

However, Cathay Pacific Airways does not have such ability. Bao Yugang does not think that his own airline can easily enter other regions to compete with local airlines. They do not have the strength of the Lee Consortium.

Bao Yugang is not optimistic about the future of Cathay Pacific Airways. They will not be able to wait until 97. In the past ten years, the Xiangjiang government will obviously restrict Cathay Pacific Airways, and Hong Kong Airlines will not Abandon the suppression of Cathay Pacific.

And Bao Yugang is worried that once Xiangjiang's economy is in turmoil, some of their shareholders will be very uncomfortable. For example, Dong Haoyun is already very difficult to maintain his shipping company.

They borrowed a lot of money to buy Cathay Pacific Airways at that time, so they have been losing money, and few people are willing to continue to hold the shares of Cathay Pacific Airways.

Huo Yingdong and the others also knew where the problem was, but now this has become a deadlock, which cannot be solved in a short time.

Bao Yugang was better. If they went to discuss this with Li Guangyu, Li Guangyu would probably see them off directly.Now the Lee consortium is getting more and more closely connected with the several big families, and the interests of the investment company are bundled. According to rumors, the investment company is now acquiring the shares of some minority shareholders of Hutchison Whampoa. At that time, Hutchison Whampoa will be their community of interests.

Last night, the He family held a dinner party again, and the He family members, the Luo family and Li Guangyu attended.Thinking of these forces, Huo Yingdong was full of worries, especially at this juncture.

Huo Yingdong understands that the current problem is not only the airline's problem, but there are more problems behind it. If these problems are not resolved, it is impossible for Cathay Pacific Airline to stop such targeting of Hong Kong Airlines.

Huo Yingdong felt that it was necessary for him to communicate with the senior management over there. The matter had to be resolved quickly, otherwise it might not only be his airline's problem.

Huo Yingdong is very concerned about some investments of the Li Consortium. Some of Guangyu's actions make Huo Yingdong feel that he is leaving enough retreat for the future, and this is what worries Huo Yingdong the most. The Li Consortium has too much influence now.

……

(End of this chapter)