Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» JACKPOT for LDEV share holders
by Chanuque Today at 11:04 am

» WATCHOUT CITRUS GROUP SHARES
by Eugine Fernando Today at 10:47 am

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by 2017 Cse Yesterday at 7:27 pm

» Jackpot For LDEV share holders
by bushra03 Yesterday at 6:07 pm

» LLMP -වාර්තාව හොඳ නැත
by max shanu Yesterday at 9:01 am

» Meka Mahinda Rajapaksege Wadak
by kjojo Yesterday at 8:55 am

» CFVF will HIT. 40 BY Next. Thursday
by sanjulanka Mon Nov 20, 2017 11:45 pm

» MULL trade up possibilities
by Hewagak Mon Nov 20, 2017 8:48 pm

» GROUP LEASE PUBLIC COMPANY LIMITED vs COCR
by TARGET Mon Nov 20, 2017 6:21 pm

» Commercial Credit COCR and Group Lease Deal Pricing story
by kjojo Mon Nov 20, 2017 3:10 pm

» HEXP N.0000
by chathura Mon Nov 20, 2017 11:26 am

» CFT 7+...........today
by max shanu Mon Nov 20, 2017 11:10 am

» GRANN - Gonna fly
by prasa2004 Mon Nov 20, 2017 8:55 am

» Any News on JINS???
by prasa2004 Mon Nov 20, 2017 8:51 am

» RENUKA CAPITAL PLC (KZOO.N0000)
by kjojo Sun Nov 19, 2017 5:28 pm

» Watch DFCC and NDB and guess which one is best
by Small Investor Sun Nov 19, 2017 10:28 am

» HVA - Game changer! High profits this quarter!!!!!
by Yahapalanaya Sat Nov 18, 2017 11:51 pm

» is KFP good to buy
by Fayaz_2017 Fri Nov 17, 2017 4:19 pm

» Plantation stocks
by anjelo Fri Nov 17, 2017 3:43 pm

» Good News - Watch ( VFIN , LFIN , CFIN, SAMP,LOFC)
by Harry82 Thu Nov 16, 2017 9:10 pm

» Avoid investing in Abans Group company shares
by fortuneteller Thu Nov 16, 2017 8:55 pm

» LDEV trading on a PEOf 2
by bushra03 Thu Nov 16, 2017 6:38 pm

» How about LDEV
by sanjulanka Thu Nov 16, 2017 2:16 pm

» Plantation Stocks....
by JamesL Thu Nov 16, 2017 2:04 pm

» Don't get caught others form promoters plantation shares
by Wimal Modawansa Thu Nov 16, 2017 7:18 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Cathay Pacific CEO to stand down after first loss since 2008

Cathay Pacific CEO to stand down after first loss since 2008

View previous topic View next topic Go down  Message [Page 1 of 1]

SelvaKolla


Stock Trader
Hong Kong flag carrier Cathay Pacific chief executive Ivan Chu will step down from the position on May 1, the airline said on Wednesday.

Cathay’s chief operating officer Rupert Hogg will take the CEO position.

Mr Chu joined John Swire & Sons in 1984 and has been Cathay’s CEO since March 2014.

Under his leadership, Cathay reported a loss of HK$575m ($74m) for 2016, its first annual loss since 2008, as rival Chinese airlines added more direct flights to international destinations and the demand for its premium class tickets fell.

This net loss compares to a HK$6bn profit in 2015 and came amid what the company described as a “difficult” operating environment with “intense and increasing” competition from other airlines.

https://www.ft.com/content/2a4dac03-6a70-365c-9b67-8e02f3ff0fe4

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum