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What are the major reasons of Cathay Pacific's Failure Risks? please explain Trend of Deteriorating profitability profits reduced continuously showing loss situations Sustained situation of

What are the major reasons of Cathay Pacific's Failure Risks? please explain

  1. Trend of Deteriorating profitability
  2. profits reduced continuously
  3. showing loss situations
  4. Sustained situation of insolvency
  5. cashflow not satisfactory and considered insufficient
  6. cash positions cannot meet liabilities including financial interests
  7. negative cashflow from operations
  8. high financial interests and high D/E ratio

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