Cathay Pacific Airways Ltd

00293: XHKG (HKG)
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We Downgrade Our Uncertainty Ratings for ANA and Singapore Airlines as Risks to Earnings Rise

Share prices of ANA, Cathay Pacific and Singapore Airlines are down 5%, 16% and 7% respectively, hovering around recent lows as worries grow over potentially lower air travel demand. We revise our Morningstar Uncertainty Ratings ahead of third-quarter results and April operating statistics releases.

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