Hong Kong airline Cathay Pacific said it lost $1.27bn in the first half of the year, the latest operator to reveal how badly the Covid-19 pandemic has affected its business. AFP
Hong Kong airline Cathay Pacific said it lost $1.27bn in the first half of the year, the latest operator to reveal how badly the Covid-19 pandemic has affected its business. AFP

Business

Cathay Pacific warns of dire outlook as it posts record first-half loss

Hong Kong's carrier swung to a HK$9.87bn loss in the first six months of the year, from a HK$1.34bn profit in the year-earlier period

Deena Kamel
Deena Kamel

August 12, 2020