Mohshin Aziz - Maybank

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Last quote by Mohshin Aziz

There's no way to sugar-coat it, Cathay Pacific's latest earnings were horrible and I expect it will be more of the same in 2017 as its revenues are under pressure from low yields. Most of (Cathay Pacific's) competitors don't have a fuel hedge, which allows them to flexibility to lower their ticket prices in the midst of oil price volatility, but Cathay doesn't have that liberty. Cathay will have to downsize and let go of its misguided vision to serve all of North Asia.feedback
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Mar 17 2017 Oil
This page is completely dedicated to what Mohshin Aziz has to say. All of Mohshin Aziz’s quotes are organized here by date and topic. The most recent quote attributed to Mohshin Aziz came from an article called Turbulence ahead for Hong Kong’s flag carrier: Analysts: “Downsizing is not an admission of defeat; it's just about being smart because mainland Chinese carriers are not going to slow down.”.
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