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Cx total loss of $160million

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Cx total loss of $160million

Old 14th Mar 2018, 05:25
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Cx total loss of $160million

Cathay Pacific racks up first back-to-back loss in 71-year history, at US$160 million | South China Morning Post
jetjockey696 is offline  
Old 14th Mar 2018, 05:34
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Fuel hedging losses of 6.3B
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Old 14th Mar 2018, 05:51
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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.
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Old 14th Mar 2018, 07:15
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Why was CX fined HKD 498 million by the European Commission?
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Old 14th Mar 2018, 07:23
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Originally Posted by Ghost_Rider737 View Post
Why was CX fined HKD 498 million by the European Commission?
European Commission fines Cathay Pacific ?57m for cargo surcharges | South China Morning Post

Price fixing on cargo
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Old 14th Mar 2018, 07:29
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Hedging

Originally Posted by Dilbert68 View Post
Fuel hedging losses of 6.3B
Hedge Hog making good progress in this area.. Last year it was over 1 BiLLION USD
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Old 14th Mar 2018, 07:34
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Why ???

Originally Posted by Ghost_Rider737 View Post
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..........
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Old 14th Mar 2018, 08:34
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Price fixing and fuel hedging - thatís why they get paid the big bucks
Xulu is offline  
Old 14th Mar 2018, 12:10
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Join Date: Apr 2009
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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.
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