FlyerTalk Forums - View Single Post - Cathay Pacific---Will its onerous path lead to bankruptcy?
Old Aug 28, 2019, 6:17 pm
  #9  
moondog
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Join Date: Dec 2000
Location: Shanghai
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Originally Posted by eagle215
What does everyone think with the China's government's interference, unhappy and indiscriminate firing of employees,sabotage, and the current turmoil does Cathay survive these turbulent times? Also share price is tanking...

https://www.reuters.com/article/us-h...-idUSKCN1VH0XD

My main concern is all the Asia miles I accumulated, will they go "poof" if Cathay goes down...
How could it go bankrupt when its second largest shareholder is standing by to come to the rescue?
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