The December edition of Cathay's staff magazine, seen by Reuters, reported Chief Executive Ivan Chu would unveil the results on Jan. 18.Cathay declined to comment on the details of its review. "The new management direction has to look past market share gains," said Will Horton, a Hong Kong-based analyst for aviation consultancy CAPA. Over the same period, capacity between Australia and Hong Kong grew by just 2.6 percent.In an emailed statement to Reuters, the Hong Kong government said it had not held major talks with Australia about expanding air access since 2015, when no deal was reached.Chinese hubs such as Guangzhou, Shanghai and Beijing have seized market share as a result. "Almost three years ago, the three Chinese hubs shared less than a third of Hong Kong's connections. Now it's catching up," said Singapore-based UOB Kay Hian analyst K. Ajith, who has a "sell" rating on Cathay.

Source: The Star January 16, 2017 00:09 UTC