What Value Now?

Call me old fashioned, but at Cathay Pacific we never buy a plane without knowing exactly how we are going to use it.” Judging by the surge of large orders for new aircraft in the latter half of 2011, it’s hard to believe that all airlines share the philosophy of CX CEO John Slosar. Speaking at the Association of Asia Pacific Airlines annual meeting in Seoul in November, Slosar was commenting on the rational of such large orders – especially by Middle East carriers ...