A tailormade online collection solution for Cathay Pacific created by Bank of China (Hong Kong) Limited (BOCHK) is helping the airline offer its passengers a secure, convenient experience with Faster Payment System (FPS) in Hong Kong.
For corporate treasurers at airlines, Cathay’s fuel hedging woes are a signal lesson in what not to do. Has prudent treasury work brought the HK carrier back from the brink?
CT takes a look at Cathay Pacific’s 2017 annual report to see how its treasury is dealing with its fuel hedging strategy and how new accounting practices affect the airline.
What does the Hong Kong airline's fuel hedging debacle tell corporate treasurers about the perils of locking in prices? Is hedging a science or will it always just be guesswork?
HK conglomerate announces a series of finance director changes at subsidiaries. Meanwhile Cathay Pacific, in the spotlight over hedging losses, names a new CEO.
Most airlines hedge fuel expenses. This time, Cathay Pacific failed to predict oil would stay cheap. It is not alone in making this call ... and it wasn't necessarily wrong.