Cathay Group’s ‘bold’ HK$100 billion investment based on demand, competitor analysis: firm
Cathay Group’s investment of more than HK$100 billion over the next seven years in its fleet is no gamble and subject to close scrutiny of demand as well as competition amid Hong Kong tourism industry’s ongoing recovery, the firm has said. The group’s CEO Ronald Lam Siu-por said on Tuesday the fleet investments underscored the…