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$1.3 billion during the period. This compared to the record loss of HK$5.4 billion for the same period the year before. Net loss stood at around HK$5 billion, compared to HK$7.6 billion in 2021.
Passenger Numbers Rise
CX has seen passenger numbers double to 335,000 during the six months, leading to revenue in read more ⇒
Source:: “Airways Magazine”