I still dont understand your original post. Later today they should post last years results.
The passenger side across the region is soft at the moment, I don’t think it is fair to say it is just demand related or just one airline, there are a lot of travel restrictions in place which is impacting all airlines.
The freight side of the business has seen growth as there is less passenger belly space available.
I didn't say CX WILL shut down. I was saying they have the best chance because they were hit particularly hard in their home market due to protests and kicked while they were down by the new virus.
CX has announced its annual result of 2019 today and CX is still able to make a profit in second half of 2019.
Its competitor -Hong Kong airline is at the edge of bankruptcy.
CX may suffer a significant in 1st half of 2020 but no one in market think CX is in danger.
If you compare with its peers in asia-pacific, hong kong airline, Hainan airline, Asian airlines, at lest, are more likely than CX to go bankruptcy.