Things are looking rosy according to the Chairman
"The new management team is acting decisively to make Cathay Pacific and Cathay Dragon better airlines and stronger businesses, delivering more to customers with improved productivity. We are confident that we are on the right track to achieve strong and sustainable long-term performance, with a leaner, more competitive business, while enhancing the brand and the quality of services that our customers deserve and expect. These services are always delivered by our people, who remain dedicated in these volatile times. I would like to thank them for their hard work and commitment."
Fuel hedging losses = HK$ 3,237 million in 6 months
Loss of HK 52.1 cents per share.
No dividend declared.
I'm a shareholder, I vote time is overdue for new management.