Cathay Pacific Profits Rebound; CEO Cautions Headwinds

Credit: Rob Finlayson
Cathay Pacific Airways is back in the black after achieving a group profit of HK$1.3 billion ($166.4 million) for the first six months of 2019, reversing a HK$263 million loss over the same period in 2018. The Hong Kong-based carrier said its improved earnings were a result of reduced fuel costs and...

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