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home / news releases / CPCAF - Is Cathay Pacific Stock Worth Your Buy?

CPCAF - Is Cathay Pacific Stock Worth Your Buy?

Cathay Pac Airwys Ltd Ord

2024-01-22 15:39:39 ET

Summary

  • Cathay Pacific Airways Limited's passenger service recovery is slow compared to other airlines, with only 45% of capacity recovered in H1 2023.
  • The airline's cargo operations have been more successful, with plans to recover 85% of capacity by the end of 2023.
  • Despite the slow recovery, there is upside potential for Cathay Pacific stock, with a projected price target of $6.90.

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For further details see:

Is Cathay Pacific Stock Worth Your Buy?
Stock Information
Company Name: Cathay Pac Airwys Ltd Ord
Stock Symbol: CPCAF
Market: OTC
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