Cathay Pacific Airways Ltd
00293: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.KH | LOCK|n? | LOCK|^<%NQ& |
Asia's Leading International Airlines See Share Prices Fall on War Impact to Cost
Share prices of ANA, Cathay Pacific, and Singapore Airlines are falling 5%-7% in reaction to the rise in oil prices due to the outbreak of the war in Iran. The Brent crude futures price has gained 31% year to date to over $79 per barrel on the risk of disruption to Iranian oil output.
