Cathay Pacific’s Turbulent Year

The video discusses the challenges faced by Cathay Pacific due to the Hong Kong protests and the coronavirus outbreak. It highlights the airline's significant capacity cuts and leadership changes, including the search for a new CFO. The video also evaluates the early performance of CEO Augustus Tang and explores Cathay Pacific's long-term strategy. Additionally, it compares the airline's proactive response to the coronavirus with other airlines, emphasizing the importance of consistent capacity management.

What were the two major challenges faced by Cathay Pacific before the coronavirus outbreak?

• Government protests in Hong Kong and the coronavirus outbreak

• Government protests in Hong Kong and the US-China trade war

• Government protests in Hong Kong and Brexit

• Brexit and the coronavirus outbreak

What significant change is Cathay Pacific considering for its financial leadership?

• Replacing its CFO with an external candidate

• Hiring a new CEO from within the company

• Merging with another airline

• Outsourcing its financial operations

How has Cathay Pacific's leadership turnover affected the company?

• It has led to a complete change in business strategy

• It has caused instability during a challenging period

• It has improved the company's financial performance

• It has had no significant impact

What strategy did Cathay Pacific rely on during the Hong Kong protests to maintain load factors?

• Increasing ticket prices

• Relying on 6th Freedom transit traffic

• Expanding routes to new destinations

• Reducing the number of flights

What is the long-term outlook for Cathay Pacific assuming the Hong Kong market recovers?

• Weak due to increased competition

• Uncertain due to potential new competitors

• Strong due to its market share and hub position

• Dependent on government subsidies

How did Cathay Pacific respond to the coronavirus outbreak compared to other airlines?

• They were slower to react than most airlines

• They were proactive and fast in reducing capacity

• They increased their flight capacity

• They did not make any changes

Which airline was mentioned alongside Cathay Pacific for its fast reaction to the coronavirus outbreak?

• Emirates

• Lufthansa

• Qantas

• British Airways