Cathay Pacific’s horizon clouded by surging oil prices, fading fare premiums
The Hong Kong airline’s business has rebounded post-pandemic, but investors are reassessing its profitability as fare premiums diminish and the risk from oil price volatility intensifies Key Takeaways: Leading Hong…
BRIEF: Air China sells down Cathay stake, booking $26 million in profit
Air China Ltd. (0753.HK, 601111SH) said on Tuesday that it sold 108 million shares of its holdings in leading Hong Kong airline Cathay Pacific Airways Ltd. (0293.HK) for HK$12.22 per…
Recent Articles
RELATED ARTICLES
-
BRIEF: Air China sells down Cathay stake, booking $26 million in profit
0753.HK0293.HK601111.SHG
-
CIG’s strong profit forecast fails to excite, hinting at fading AI euphoria
6166.HK603038.SHG
