Air China CFO Still Very Confident of Cathay Pacific

The video discusses Cathay Pacific's recovery plan, including cost-cutting measures and a three-year recovery timeline. It covers strategies for managing currency risks due to renminbi weakness and U.S. dollar debt reduction. The video also addresses the impact of oil prices and the decision against hedging due to market uncertainties. Additionally, it outlines plans for acquiring new aircraft from Airbus and Boeing, and expanding routes in Europe and the US to boost market growth.

What was the primary financial goal for Cathay Pacific in 2017?

• Launch a new advertising campaign

• Expand into new markets

• Cut costs by 2 billion Hong Kong dollars

• Increase revenue by 10%

What is Cathay Pacific's target for the U.S. dollar debt ratio by the end of 2017?

• 45%

• 49%

• 50%

• 35%

Why is Cathay Pacific hesitant to hedge oil prices currently?

• OPEC's production cuts are confirmed

• US shale gas production is decreasing

• Market uncertainties and active US shale gas producers

• Oil prices are stable

How many new planes is Cathay Pacific planning to acquire by 2019?

• 155

• 100

• 120

• 200

Which new European routes are being launched by Cathay Pacific in 2017?

• Shanghai to Madrid and Beijing to Vienna

• Shanghai to Paris and Beijing to Rome

• Shanghai to Barcelona and Beijing to Zurich

• Shanghai to London and Beijing to Berlin