Cathay Pacific profit drops 83% in 2012
Cathay Pacific 747-8F. Courtesy, Boeing Cathay Pacific Group reported a net profit of HK$916 million ($118 million) for 2012, down 83.3% from a HK$5.5 billion profit in the year-ago period. The carrier cited high fuel prices, economic uncertainty, particularly in the eurozone countries and an...
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