Cathay Pacific Airways Ltd
00293: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$5.90 | Yzpkp | Rtqnqvjd |
Cathay Pacific Reinstates Common Dividend
Business Strategy and Outlook
As the flagship airline in Hong Kong, Cathay Pacific operates an extensive global route network leveraging its dominance in the international aviation hub. The absence of a domestic market means Cathay must rely entirely on international markets. Before the pandemic, the North American market accounted for about 26% of Cathay's passenger capacity, followed by Europe and North Asia (including China), each representing about 20% of capacity.