Originally Posted by
veryoldchinahand
Hong Kong and international financial media is reporting that the airline made an operating profit for July.
Not unexpected and it seems that the imminent end, predicted by some is rather far from nigh........
Seems like CX is heading to the markets now for more debt, $2.5B USD MTN as they know that loan on offer is going to hurt.
I wonder what the appetite for risk will be on a CX MTN, one thing is for sure it's another liability on the balance sheet.