Cathay Pacific Studies Bid for HNA's Hong Kong Carriers
Join Date: Aug 2008
Location: Polar Route
Posts: 5
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Oh really? With what money? I thought CX was poor. That’s all they’ve been spouting to employees. With almost US$4B in fuel hedging “losses”, I was almost starting to believe them. Perhaps they can just leverage their buy against CX assets, making the balance sheet even worse. Tools!
