Aug 16, 2017 SOURCE: AFP
Troubled Cathay loses HK$2.05 billion in first half 2017
Hong Kong flag carrier Cathay Pacific on Wednesday reported a massive loss of HK$2.05 billion ($262.07 million) for the first half of the year as the airline struggled with intense competition from rival airlines.
The results, which far exceeded analysts' predictions, came after Cathay saw its first annual loss in...
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