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, the Hong...
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 the airline and...
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