Cathay Pacific and Cathay Dragon carried 35,773 passengers in August, down 98.8 %. Burning cash at rate of c. $194m per month -> moves 40 % of fleet into storage. expects a “long and uncertain road to recovery”.
ft.com/content/e74a34… https://t.co/nFyO1myZtS
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…