DALLAS – Hong Kong-based Cathay Pacific Group has announced that it has managed to reduce its losses for the first six months of 2022 to June 30.
The group, which includes airlines Cathay Pacific (CX), HK Express (UO), and Air Hong Kong (LD), posted an operating loss of HK$1.3bn during the period. This compared to the record loss of HK$5.4bn for the same period the year before. Net loss stood at around HK$5bn, compared to HK$7.6bn in 2021.
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Source:: “Airways Magazine”