[robjan]

I don't know much about US airlines but Cathay Pacific made a record breaking profit this year and they aren't even at full capacity https://www.bloomberg.com/news/articles/2024-03-13/cathay-pa...

[seanmcdirmid]

They must have other problems then because they are doing more poorly than US-based airline stocks:

https://www.google.com/search?q=Cathay+Pacific+stock&oq=Cath...

[robjan]

That's not really how the stock market works. Also Cathay pays profit to its shareholders in the form of dividends.

[seanmcdirmid]

It was their first profit/dividend since the pandemic:

https://www.reuters.com/business/aerospace-defense/cathay-pa...

[robjan]

The COVID restrictions here were only removed last year so that makes sense.