Cathay Pacific expects to return to profit in 2018 on capacity growth

Credit: Rob Finlayson
Hong Kong’s Cathay Pacific Airways anticipates a HK$2.3 billion ($293.7 million) net profit for 2018, reversing a HK$1.3 billion loss in the previous year, according to preliminary results.“In 2018, the passenger business benefited from capacity growth, a focus on customer service and improved...

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