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Cathay Pacific posted its bigger ever loss
Hong Kong, China - The airline lost USD 160m in its first half
Cathay Pacific has posted its biggest ever loss as it totals the financial cost of Sars and the Iraq war. The airline lost USD160m in its first half in line with forecasts, compared to a profit of USD 180m made a year ago. Shares in the airline dipped only 0.45 percent lower to HKD 10,95. The airline, one of Asia's biggest carriers, says it does expect a rebound in the second half. The Sars outbreak...
fra/pec - 48898
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency