OceanX: China post-CNY – less cloud, more balloon; Mærsk's moves; a tough Q4
Things are looking up, in China at least
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Since I wrote my first weekly column for The Loadstar, two companies in particular have not missed my grim projections: Air France and Lufthansa.
The stock of the former has lost 11% in value since I said the French carrier would likely need fresh equity to stay in the air – such an outcome remains a distinct possibility into 2016.
Meanwhile, the shares of the German carrier are down 16% since the turn of the year, when we rightly predicted that Lufthansa ...
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