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Sars damages Cathay Pacific: profit decrease of 67%

Rome, Italy - Rome-Hong Kong route developed

Cathay Pacific, the main airline of Hong Kong, suffered a strong profit decrease (67% compared with the 2002 sales) because of the Sars outbreak, still remaining in positive and making a net profit of 1.303 millions of Hong Kong dollars (equivalent to EUR 133,7m). This crisis, caused by the strong passenger traffic reduction in the first semester of 2003, has been relieved, in the second semester,...

fra/pec - 59895

AVIONEWS - World Aeronautical Press Agency
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