|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.4335 - 4.5000|
|52 Week Range||3.2500 - 5.2200|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.50 (10.88%)|
|Ex-Dividend Date||Aug 12, 2020|
|1y Target Est||N/A|
The Hong Kong-based airline admitted to struggling with staff rotas due to the need to separate crew who have been vaccinated from those who have not.
Cathay said it had struggled with staff rostering due to Hong Kong's strict quarantine rules on return that have been loosened for crew that have been vaccinated. There are also requirements that only fully vaccinated crews can operate to certain high-risk destinations and on quarantine-free "bubble" flights. Hong Kong has a surplus of unused vaccines and some of the shots are about to expire, city authorities have said.
Crew quarantine measures have eased since mid-April and that helped Cathay operate 24% more freighter flights and 18% more cargo-only passenger flights in May compared to April, the airline said in a statement. Cathay reported a first-half net loss of HK$9.87 billion ($1.27 billion) last year and a net loss of HK$11.78 billion in the second half. Cathay said it is "cautiously" adding more passenger flights and destinations, and plans to operate at around 30% of its pre-pandemic passenger capacity by the fourth quarter.