Cathay Pacific’s Slump Makes Singapore Airlines Look Good – Budget & Mainland China Carriers Doing Damage

According to Bloomberg, competition from budget Asian carriers and mainland Chinese airlines are having a big impact on Cathay Pacific’s business. The stock is down -41% in the last twelve months, compared to a drop of only -4.8% for Singapore.  Unlike Cathay, Singapore of course has two low cost units in the family – Scoot and Tiger Airways.

Cathay

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.