Cathay plunges to record HK$8.7 billion loss in ‘most challenging’ first half

Cathay A350-900

Source: Max Kingsley-Jones/FlightGlobal

Cathay Pacific Group reported a staggering operating loss of HK$8.7 billion ($1.13 billion) for its half-year financial results, in what its chairman called the “most challenging” period for the group in its 70-year history.

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