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Cathay Pacific Airways

In 6 Months, Cathay Pacific Lost 20 Percent of Its Value

Cathay Pacific Airways shares plummeted yesterday, reaching at closing, losing a fifth of its value in six months and posting a decade low.

On Friday, the Civil Aviation Administration of China (CAAC) released several demands to Cathay, Hong Kong’s main airline. China requested that Cathay prevent employees who support or participate in the 10-week-long protests from flying to, from, or over the mainland. The CAAC also requested that Cathay provide information on all crew members flying into China for verification and authorization from the Civil Aviation Administration. Over the weekend, Cathay Pacific’s CEO sent around a memo informing employees that if they participate in protests, they would be terminated.

Protests continued today, with protestors shutting down the city’s international airport and barricading themselves in. Protesters have been ongoing at the airport for five days in a row. The airport canceled 150 flights last week due to demonstrations and strikes.

Description

This chart shows Cathay Pacific Airways Ltd. closing price in U.S. dollars.

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Cathay Pacific Airways catering service revenue 2016-2024
Age distribution in Hong Kong 1970-2025
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China Unicom (Hong Kong) employees 2021-2025
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China Unicom (Hong Kong) net income 2021-2025
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China Unicom (Hong Kong) total equity 2021-2025
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China Unicom (Hong Kong) total assets 2021-2025

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