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CATHAY PAC AIR Closely Eyeing Tariffs/ Global Mkt Conditions, Has No Plans to Alter Fuel Hedging & Div. Policies
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Lavinia Lau, CATHAY PAC AIR (00293.HK) Chief Customer and Commercial Officer, said at an analyst briefing that the group will maintain its competitive ticket pricing advantage while continuing to expand passenger capacity. She believed that ticket prices will decrease as demand remains stable and airline passenger supply continues to rise. As CATHAY PAC AIR is closely monitoring tariffs and global market conditions and poised to address uncertainties through controllable factors, Lau added that the market has no need to be overly concerned. Meanwhile, Rebecca Sharpe, Cathay Group Chief Financial Officer, revealed that the group has no plans to change the current fuel hedging and dividend policies. She also mentioned that a slight decline in fuel prices is beneficial for the entire aviation industry's operations. AAStocks Financial News |
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