Healthy 2007 Demand Keeps Yield, Profits High For Cathay
Strong yield growth helped offset cost increases for Cathay last year, and the increase was instrumental in boosting 2007 profits by 72%. Premium passenger demand was strong throughout 2007, and yields were up 11.1%, Cathay said. The annual profit rose to a record HK$7 billion (US$898 million)...
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