Tag FY22 loss

Airlines

Cathay Pacific bullish for 2023 despite higher FY22-loss

306856105 10160005145203467 8331769625356798201 n

Cathay Pacific expects a consolidated loss for FY22 of between HK$6.4 and HK$7.0 billion, which compares to HK$5.5 billion in FY21. It mainly attributes the deeper loss to the “significant losses” from associates that are recognized three months in arear,…

Richard Schuurman
January 21, 2023

Airlines

Cathay Pacific expects substantial full-year loss

161398785 10158970661928467 6304108542791121281 n

Despite a marked improvement in the first six months of the year, Cathay Pacific Group expects a “substantial loss” for the full year 2022, it said on November 18 in its October traffic release. Cathay Pacific expects substantial full-year loss. While…

Richard Schuurman
November 18, 2022