You have to consider the fact that Cathay is one of HK's largest employers, and the government would want to safeguard those jobs & ensure more jobs are created, what with the poor economy; the unemployment rate has skyrocketed to 7.4%, that's very high for a developed economy like Hong Kong. I don't agree with the government protecting CX & KA, but that could be one of the reasons. I'm all for 'Open Skies' in Hong Kong with the US & other countries, as such a deal would benefit us, the consumers, in many ways.
As for the 'Open Skies' talks, as I said in my earlier posts in the thread, I believe it's got nothing to do with China, but that they simply couldn't iron out the few remaining issues to seal the deal. Don’t be surprised if they strike a deal the next time they meet….
Guys, both CX & KA seem to think that they’re part of the ‘Open Skies’ discussions between HK & the US when in fact they’re not, it’s got nothing to do with them!! It’s pretty easy to see the benefits HK people will get with Open Skies agreements not just with the US, but with the other countries as well. Cheaper prices, more choices, you know the rest.
As for that oaf Tung, well, good lord, another 5 years of him & his administration. It seems to me the only official left in the higher echelons of government that truly represents the HK people & their interests is Donald Tsang but even he seems to be mired in the confusing & backward policies of the Tung government. I think Anson Chan saw it coming & was like 'f*** it I'm quitting!'