While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Core Insights - Cathay Pacific expects to return its Airbus A350 fleet to service by the weekend following a fleet-wide inspection triggered by an in-flight engine issue [1][3] - The engine component failure involved the A350-1000 variant, which uses Rolls-Royce's Trent XWB-97 engines [2] - A total of 15 out of 48 A350s were found to have engine fuel lines requiring replacement, with six already repaired and cleared for operation [3] Company Impact - The disruption led to 45 flight cancellations between September 2 and September 7, primarily affecting regional routes [4] - Cathay Pacific's Chief Operations and Service Delivery Officer highlighted the significance of managing this unprecedented engine component failure [5] - The suspension of A350 flights caused a 6.5% drop in Rolls-Royce shares, raising concerns among investors due to past issues with the Trent 1000 engine [5] Industry Response - Analysts indicated that the engine issue appears to be a "quick fix" with limited long-term impact, alleviating some investor concerns [6] - Rolls-Royce is cooperating with an investigation by Hong Kong authorities and will keep other airlines operating Trent XWB-97 engines informed [6] - Other airlines operating A350s include Qatar Airways, British Airways, Japan Airlines, and Virgin Atlantic [6]

Cathay Pacific, Hong Kong's flagship airline, has grounded most of its Airbus A350-1000 fleet and canceled dozens of flights following an inflight failure of an engine part. The planes were inspected after a problem unfolded several minutes after take-off on flight CX383 from Hong Kong to Zurich on Monday, according to information from flight tracking service FlightRadar24 obtained by Reuters. The five-year-old A350-1000 plane performed two wide circles and dumped fuel over the sea before returning to Hong ...

A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. Rolls-Royce shares opened higher Tuesday, making up some of the previous session's losses after Cathay Pacific cancelled several flights upon discovering technical issues in aircraft utilizing the British manufacturer's Trent XWB-97 engines. Rolls-Royce shares were 4.6% higher at 8:4 ...

th Canada Career of Canada Comments of and and the program and il in The Property of the Property of T STARTICAL 1 Jetlinerimages I have been following Cathay Pacific (OTCPK:CPCAF, OTCPK:CPCAY) for nearly two years and while I have been seeing fundamentally driven upside for the stock, the reality is that the stock is not performing anywhere near where it should trade based on historic EV/EBITDA multiples. Perhaps with higher costs in the industry and softening of yields driven by macroeconomic concerns, hi ...

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has Cathay Pacific Airways Ltd. (CPCAY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Cathay Pacific Airways Ltd. is one of 132 companies in the Transportation group. The Transportation group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Cathay Pacific's net profit of US$1.25 billion was the first since 2019. Hong Kong carrier Cathay Pacific on Wednesday reported its first annual net profit in four years, citing a surge in demand as it emerges from the impact of the financial hub's COVID isolation. Hong Kong's aviation sector has struggled to fully recover fro ...

DANIEL SLIM/AFP via Getty Images In December 2022, I covered Cathay Pacific Airways Limited (OTCPK:CPCAY), (OTCPK:CPCAF) and saw opportunities for Cathay Pacific stock on increased travel activity in Asia including Hong Kong. However, the reality is that the stock has not performed. In this report, I will be updating my assessment of Cathay Pacific. I will be taking a brief look at the performance in the passenger travel segment as well as in the cargo operations segment, after which I will provide a fundam ...

| --- | --- | |---------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | Analyst Briefing | | | 10 August 2022 2022 Interim Results | | | Confidential and Proprietary Information © Cathay Pacific Airways Limited and its subsidiaries | | Disclaimer This document has been prepared by Cathay Pacific Airways Limited ("the "Company", and together with its subsidiaries, the "Group") solely for information purposes and certain ...