Mmmm.
Cathay's problems are far deeper than the fuel hedging screw up.
Having lived the dream life for so long as a company they completely failed to appreciate the changing market, and the impact of the growing Chinese airlines / Middle East carriers.
Put simply, CX cost base is to high, Andy therefore regardless of how new the aircraft are, load factor and all the other factors they are bringing slaughtered by their neighbours, as well as the Middle East carriers.
I would brace yourselves for some drastic restructuring centred around employee costs.