Hong Kong’s flagship carrier, Cathay Pacific Airways, forecasts a $1.3 billion loss for the first half of the year after Covid-19 restrictions hammer its business
Like the rest of the industry, Cathay Pacific Airways has been plunged into crisis by the coronavirus pandemicHong Kong’s flagship carrier, Cathay Pacific Airways Ltd., said it expects a net loss of about $1.3 billion for the first half of the year after Covid-19 restrictions hammered its business.
Like the rest of the industry, Cathay has been plunged into crisis by the coronavirus pandemic, which has grounded demand for travel and prompted official restrictions to contain the spread of the virus.
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