|Day's Range||9.72 - 9.84|
|52 Week Range||9.60 - 11.21|
|PE Ratio (TTM)||32.31|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The woes of Cathay Pacific and Singapore Airlines, which both recently posted losses, underline how hard it is to make money out of flights from Asia right now.
Cathay Pacific, one of Asia’s largest airlines, said it would lay off about 600 people as it grapples with tough competition and bad bets on oil prices, despite robust travel demand in the region.
Shares in Singapore Airlines dropped more than 7 per cent on Friday, the biggest one-day decline since the 2008 financial crisis, after it unveiled a surprise quarterly loss. In the latest sign that intensifying ...