WOW.. Bright Future

[Betsy]

https://fortune.com/2022/07/12/cathay-pacific-stock-shares-airline-investors-covid-hong-kong-quarantine/


“The dimming outlook for airlines elsewhere makes Cathay's future look especially bright, even as it operates out of one of the most isolated places on earth.”

[From a distance]

“Western carriers "are coping with labor shortages (e.g. pilot shortages and airport staff) and there are concerns over potential impacts of inflationary pressures and recession risks on discretionary travel spend.”

This is still to come for Cathay, except it will be much worse because we”ll be much deeper in to the inflationary and recession cycle, with corporates and the public keeping their wallets closed.