Cathay widens full-year loss, posts 2H profit on transformation plan

Credit: Rob Finlayson
Hong Kong flag carrier Cathay Pacific has reported a deeper group-wide loss of HK$1.3 billion ($160.6 million) for 2017, although a return to profit in the second half signals its transformation plan is yielding results. The Cathay Group’s full-year loss was more than double its loss of HK$575...

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