Posted inHong Kong

Cathay Pacific reports first-half loss of $1.27b

Hong Kong carrier Cathay Pacific said Wednesday it lost HK$9.9 billion (US$1.27 billion) in the first half of this year, making it the latest major airline to reveal how badly the coronavirus pandemic has eviscerated its business. “The first six months of 2020 were the most challenging that the Cathay Pacific Group has faced in […]