Loading

Cathay Pacific seeing “no signs of any sustained recovery” but 1H2009 profit expected

Analysis

Asian airline shares were mixed on Monday (03-Aug-09), as Asian equity markets generally strengthened (with exception of the Tokyo Stock Exchange) and fuel prices increased again. Once again, the Chinese carriers were again stronger on Monday, led by China Southern, up 6.8%, as the Shanghai Stock market continued to strengthen, gaining 1.5% to its highest level since Mar-2008 (China's stock market has soared 85.2% in 2009, the largest increase among the world's major economies). Cathay Pacific added 1.8% (see below).

Read More

This CAPA Analysis Report is 348 words.

You must log in to read the rest of this article.

Got an account? Log In

Create a CAPA Account

Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.

InclusionsContent Lite UserCAPA Member
News
Non-Premium Analysis
Premium Analysis
Data Centre
Selected Research Publications

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More