Cathay Pacific May Post Worst Results in 8 Years

Cathay Pacific May Post Worst Results in 8 Years

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by Cathay Pacific, including declining yields and high costs compared to regional peers. Despite being one of the best performers in the Hang Seng index, the share price surge is seen as unjustified due to operational struggles. The video also highlights the issue of overcapacity in Hong Kong and Cathay's outdated fleet. Recommendations include downsizing operations and focusing on the core Hong Kong market. The need for a third runway at Hong Kong International Airport is also discussed, considering future growth projections.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the average fleet age of Cathay Pacific compare to other carriers in Asia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the third runway for Hong Kong International Airport?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes does Cathay Pacific need to make to improve its long-term outlook?

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