Cathay Pacific Airways

(June 16): It took about nine months for Cathay Pacific Airways to win its first buy rating from an analyst. When the upgrade came, it was because of the airline’s cargo operations, not its five-star-rated passenger business.

(May 22): Cathay Pacific Airways said on Monday it was cutting 600 jobs, its biggest headcount reduction in almost two decades, as it seeks to return to profitability in an industry battered by falling ticket prices.