Thursday 23 November 2017
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rappler
3 months ago

Troubled Cathay Pacific loses HK$2.05B in first half 2017

HONG KONG – Hong Kong flag carrier Cathay Pacific on Wednesday, August 16, reported a massive net loss of HK$2.05 billion ($262.07 million) for the first half of the year as the airline struggled with intense competition from rivals. The results, which were worse than analysts predicted, came after Cathay ...

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