Originally Posted by
KABOY
Ah yes, Cathay Pacific: the airline that promised blue skies but delivered a scenic detour through financial purgatory.
📉 Since 2000: -11% Return (negative)
That’s right — 25 years, countless mergers, pandemics, and geopolitical plot twists… and your investment is still politely asking for peanuts.
If you’d bought shares in 2000, you’d now be the proud owner of a 11% haircut and a lifetime supply of shareholder disappointment.
Cathay didn’t just underperform — it took the scenic route through turbulence, grounded fleets, and existential crises, all while whispering “we’re working on it.”
Cathay Pacific stock: the only long-haul flight where you land with less than you boarded.
Bad airlines to own is hardly limited to CX though. Majority of them are terrible investments. Just comparing to a random much bigger, better known company which makes much more money, HSBC is down 26% since 2006 and its dividend yield is lower than CX's. So CX has actually been a better investment than one of the world's biggest banks. Who woulda thought.