View Full Version : Cx total loss of $160million
jetjockey696
14th Mar 2018, 05:25
Cathay Pacific racks up first back-to-back loss in 71-year history, at US$160 million | South China Morning Post (http://m.scmp.com/news/hong-kong/economy/article/2137114/cathay-pacific-racks-first-back-back-loss-71-year-history)
Dilbert68
14th Mar 2018, 05:34
Fuel hedging losses of 6.3B
Trafalgar
14th Mar 2018, 05:51
So, without the hedging loss, our profit would have been close $650,000,000.00 usd? Can't see why our managers aren't due for pay increases and bigger bonuses. They are verifiable geniuses.
Ghost_Rider737
14th Mar 2018, 07:15
Why was CX fined HKD 498 million by the European Commission?
enoughisenough_
14th Mar 2018, 07:23
Why was CX fined HKD 498 million by the European Commission?
European Commission fines Cathay Pacific ?57m for cargo surcharges | South China Morning Post (http://m.scmp.com/business/article/2080394/european-commission-fines-cathay-pacific-eu57-million-cargo-surcharges)
Price fixing on cargo
Flex88
14th Mar 2018, 07:29
Fuel hedging losses of 6.3B
Hedge Hog making good progress in this area.. Last year it was over 1 BiLLION USD
Flex88
14th Mar 2018, 07:34
Why was CX fined HKD 498 million by the European Commission?
Google "Cathay Pacific Fined" you'll have an hours reading... Our "Leadership" has been down this path with Canada, USA, NZ, Australia, EU etc etc. many times. Be prepared, the amount of money (fines) they have doled out will make you wonder how they have survived this long.
Time To Win..........
Price fixing and fuel hedging - that’s why they get paid the big bucks
TheGreenDragon
14th Mar 2018, 12:10
Good to know that all that work put in by the KA pilots taxiing out & in on one engine will contribute precisely
0.2 % to recouping that loss.
Any all those keen A320s asking for their position for departure to save a few more dollars for their masters bonus .
Truly Pathetic guys.