PPRuNe Forums - Cx total loss of $160million

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jetjockey696

14th Mar 2018 05:25

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

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

Quote:

Originally Posted by Ghost_Rider737 (Post 10082912)

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

Flex88

14th Mar 2018 07:29

Hedging

Quote:

Originally Posted by Dilbert68 (Post 10082849)

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 ???

Quote:

Originally Posted by Ghost_Rider737 (Post 10082912)

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..........

Xulu	14th Mar 2018 08:34

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.

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