A CROSSROAD IS DEFINED AS A PLACE where a decision must be made, and Cathay Pacific Airways CEO Tony Tyler declares that aviation is once again at the crossroad. "We have been here before. We know it well, but this time the decisions are harder. In fact, we simply don't know which road to take," he reflects as he gazes out over Hong Kong Harbor from his downtown office. The fact that Cathay has not yet identified the best path forward is hardly a reflection on the ...

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