Hong Kong carrier Cathay Pacific issued a profit warning on July 17, 2020 estimating it has haemorrhaged $1.3 billion in the first half of the year as it reels from the Covid-19 coronavirus pandemic. AFP.
Hong Kong carrier Cathay Pacific issued a profit warning on July 17, 2020 estimating it has haemorrhaged $1.3 billion in the first half of the year as it reels from the Covid-19 coronavirus pandemic. Show more

Business

Cathay Pacific flags HK$9.9bn first-half loss as travel demand battered

Hong Kong-based carrier will take impairment charges on 16 planes

Reuters

July 17, 2020