Cathay Pacific Issues Profit Warning, Plans Slow Capacity Return

Cathay
Credit: Joe Pries
The COVID-19 crisis has triggered a massive half-year loss for Cathay Pacific, but there are some positive signs emerging as the airline gradually adds back capacity and transit traffic increases. The carrier issued a profit warning predicting a net loss of about HK$9.9 billion ($1.3 billion) for...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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