Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
Cathay Pacific back to profit, but cuts business class
Hong Kong, China - The Asian carrier is studying new strategies for its business
Cathay Pacific airline announced that it reported a US$105 million thanks to savings due to fuel-hedging contracts, even if its revenues fell by 27% compared to last year. The saving obtained thanks to these operations has been of US$271 million. However, the carrier is studying new strategies to renew its business as the air traffic crisis caused a strong slump in demand. For example, one of the...
AVIONEWS - World Aeronautical Press Agency - 1108163
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency