PPRuNe Forums - View Single Post - Cathay Pacific Shares Plunge
View Single Post
Old 16th Mar 2017, 00:47
  #25 (permalink)  
Bigpicture12
 
Join Date: Feb 2017
Location: Hong Kong
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by OK4Wire
Exactly, MM and WS.

So basically they made an operating profit of 5.1 on a 9% reduction in yield and turnover?!

Must be doing something right, eh?
I agree ok4wire, a "good profit" without the terrible fuel hedging. Indicates to me that the company is basically sound and "most staff " doing a great job. This result was caused by very small senior personnel ( a couple people?!) and should not be used as the basis to cut or trim staff costs in any way.
Bigpicture12 is offline