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#464901

oldchinahand
Participant

The harmonious labor relations and profitability of Cathay Pacific that Geohoveuk describes is frankly nonsense.
Cathay has real and continuing industrial problems with cabin crew and a strike was threatened only last week.
As for profitability, the only reason that Cathay was able to announce a reasonable profit was because the sold off a major shareholding in a subsidiary company to their parent Swire.