Unlike many of the US and European majors Cathay has an enviable debt to equity ratio. A record year (last year), a strong balance sheet and large cash reserves mean no immediate danger. However, business is very difficult with a lot of trading down by business travellers and an awful cargo market. Some routes decidedly marginal and
I suspect one or two may be canned.
Fortunately a pretty young and efficient fleet so probably Cathay is in a better position than most. Of course, a major conflict in the Gulf or elsewhere will impact
everyone.
Regards
SH