A Cathay Pacific plane lands at the Hong Kong International Airport in Chek Lap Kok. Photo: Reuters A Cathay Pacific plane lands at the Hong Kong International Airport in Chek Lap Kok. Photo: Reuters
A Cathay Pacific plane lands at the Hong Kong International Airport in Chek Lap Kok. Photo: Reuters

Should investors buy a ticket on Cathay Pacific’s US$5 billion rescue plan?

  • Plan comes at a dicey time for a global airline industry caught up in the turbulence of the coronavirus pandemic
  • Since the bailout was announced last Tuesday, two analysts tracked by Bloomberg have downgraded the stock to ‘sell’

Topic |   Cathay Pacific
A Cathay Pacific plane lands at the Hong Kong International Airport in Chek Lap Kok. Photo: Reuters A Cathay Pacific plane lands at the Hong Kong International Airport in Chek Lap Kok. Photo: Reuters
A Cathay Pacific plane lands at the Hong Kong International Airport in Chek Lap Kok. Photo: Reuters
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