Loading

Cathay Pacific's first half disappoints - commits to future of higher costs

Premium Analysis

Cathay Pacific’s interim result does not make for encouraging reading. Cathay’s recent hairy-chested growth strategy has come at a big cost, with capacity expansion and reduced hedging benefits leading to a destruction of earnings. Operating profit margin slumped into negative territory in the first half of 2008, compared to a 9.2% margin in 1H07 and a double-digit margin in the full year of 2007.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 767 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.