PPRuNe Forums - View Single Post - Cathay Pacific Airways has raised US$650 million
Old 12th May 2021, 04:32
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FlyingNun
 
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If true, even then as CX says it’s going to be used as working capital, USD650mil will be burnt in 80 days according to the current monthly loss of USD244mil per month.
It will probably cost them the entire USD650mil to pay for all the bases and local redundancies they are working on.
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