Cathay Sees ‘Substantial’ Loss as Virus Follows Protests

The video discusses the current dire situation in the airline industry, focusing on Cathay's significant capacity cuts due to the coronavirus outbreak. Despite a 20% stock loss, analysts are divided on future opportunities. Airlines are seeking government assistance and considering delaying aircraft deliveries to mitigate the impact. The video explores potential strategies for minimizing the outbreak's effects on the industry.

What percentage of capacity did Cathay Pacific cut in March and April?

• 30%

• 50%

• 80%

• 65%

What is the main reason for the current challenges faced by the airline industry?

• Protests in the region

• Natural disasters

• Economic recession

• Coronavirus outbreak

What is the general sentiment among analysts about the airline stocks?

• Analysts are divided

• Analysts are indifferent

• All analysts are pessimistic

• All analysts are optimistic

What kind of assistance are airlines seeking from the government?

• Deferral of airport fees

• Increased flight routes

• Subsidies for new aircraft

• Reduction in fuel prices

What is one option Cathay Pacific is considering to manage the crisis?

• Delaying aircraft deliveries

• Increasing ticket prices

• Hiring more staff

• Expanding to new markets