According to Zacks, “CATHAY PACIFIC AIRWAY’s principal activity is the operation of an international airline based and registered in Hong Kong. Other activities include airline catering, aircraft handling and engineering. The Group offers scheduled passenger and cargo services to 62 destinations around the world. It operates in Hong Kong, Mainland China, Japan, Korea, Taiwan, South East Asia, Middle East, Europe, Pacific and South Africa. “
Several other equities analysts have also commented on CPCAY. HSBC raised Cathay Pacific Airways from a “hold” rating to a “buy” rating in a report on Monday, February 7th. JPMorgan Chase & Co. lowered Cathay Pacific Airways from a “neutral” rating to an “underweight” rating in a report on Wednesday, January 26th.
Cathay Pacific Airways Company Profile (Get Rating)
Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. The company conducts airline operations principally to and from Hong Kong. It also provides property investment, travel reward program, travel tour operator, financial, aircraft leasing and acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, aircraft engineering, cargo carriage, airport ground engineering support and equipment maintenance, and inventory technical management services.
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