Cathay Pacific issues profit warning in the face of 'a decidedly unclear future'

Cathay Pacific has issued a profit warning – in anticipation of a “substantial loss” for the first half of 2020 – of about HK$9.9bn (US$1.27bn). The carrier says it includes impairment ...

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Jul 17, 2020• Comments•

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As UK regional carrier Flybe went into liquidation this morning, following low demand on top ...

Bankruptcy Blues coronavirus Financial crisis Financial footings IATA

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Are we approaching another global recession? The signs certainly don’t look good. Freightwaves has, however, ...

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