Posted by Naseer Ahmad in
Airline Financial News on March 16th, 2009 |
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Cathay Pacific Reports Record Loss
The Cathay Pacific Group has reported an attributable loss of HK$8,558 million in 2008, compared to a profit of HK$7,023 million the previous year. The 2008 result is a record annual loss for the airline.
Group turnover rose by 14.9% to HK$86,578 million in 2008. Business in the first six months of the...