Actually, it is a kind of a miracle: despite severe travel restrictions into Hong Kong, Cathay Pacific has been able to improve its financial results in HY1 2022. The carrier reported A HK$-4.999 billion net loss compared to HK$-7564 billion in the first six months of...
Despite an “extremely challenging” start to 2022, Cathay Pacific is “resolutely committed” to protecting its position as a leading airline at its Hong Kong hub. “We have absolute confidence in the long-term future of Hong Kong. Everything we do at Cathay Pacific is in...
The uncertain pace of vaccination rollouts and the related relaxing of travel restrictions dampen the expectations of Cathay Pacific about a swift recovery. The Hong Kong-based carrier hopes to operate at thirty percent capacity for the rest of this year, it said on...
Cathay Pacific’s short-term outlook remains “challenging”, but the Hong Kong carrier is “absolutely confident” on the long-term future and its competitive position. Cathay Pacific Group reported a record loss of HK$-21.648 billion on March 10, which...
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