RE: Hong Kong’s Cathay Pacific completes repairs on Airbus A350 fleet after 90 flights cancelled8 Sep 2024 04:05
Quick Fix, bad event but an easy and cost effective way out.
No one was hurt, which is good.
The share price took a hit, during an extreme down index week. FTSE was 6 days down.
I’ll take extra rain on a rainy day, the umbrella was out anyway. I would imagine a price correction once the majority of airlines follow thru with their inspections. I read a few have and haven’t found an issues.
On the other forefront, the SMR shouter’s have been quite lately, once nuclear energy gets loud again let’s see. US market bleed last week, should strengthen an interest rate cut. Short term pain for long term gains, money moves sport.